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1451 Park Blvd
Wylie, TX 75098 Rowlett/Wylie

$4,560,000 USD

Daycare Center For Sale  •  12,777 SF

Property Details

• Property Type Daycare Center
• Total Building Size 12,778 SF
• Lot Size 2.87 AC
• Building Class B
• Year Built 2004
• Cap Rate 7.00 %
• Tenancy Single
• Zoning PD 2002-39

30 Walk Score

Highlights

Early Lease Extension: Cadence Academy just executed a rare early 10-year lease extension, showing long-term commitment to the location

Corporate Guarantee: The tenant, Cadence Academy Preschool, operates 300+ schools nationwide

Absolute NNN Lease: The tenant is responsible for all operating expenses including taxes, insurance, repairs, and maintenance

Attractive Rental Increases: The lease features 2.00% annual rent increases throughout the remaining term, providing a strong hedge against inflation

Robust Industry Growth: The U.S. child care market is projected to grow from approximately $65 Billion in 2024 to nearly $110 Billion by 2033.

Income Tax-Free State: Texas is an income tax-free state.

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Bearfoot Lodge Preschool, Wylie
The Goddard School

Public Transportation

Airport	Drive	Walk	Distance
Dallas Love Field	44 min	-	28.9 mi
Dallas-Fort Worth International	49 min	-	36.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	18
Type:	Surface
Included in Rent:	Yes