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210 N Alma Rd
Allen, TX 75013 Allen/McKinney

$4,281,286 USD

Daycare Center For Sale  •  10,563 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 10,563 SF
  • Lot Size 1.96 AC
  • Building Class B
  • Year Built 1996
  • Cap Rate 7.00 %
  • Tenancy Single
  • Zoning SC-SHOPPIN
0 Transit Score
75 Walk Score

Highlights

This asset is 100% leased to The Children’s Courtyard on a double net (NN) – ~11 years of term remaining.
Corporately backed by Learning Care Group, Inc., which is the 2nd largest for-profit childcare company in North America.
12+ feeder elementary schools within a 5-mile radius: Rountree Elementary School, Kerr Elementary School, Green Elementary School Etc.
Total consumer spending on education and daycare exceeds $379 million annually within a 5-mile radius of this location.
Ideally located just off W McDermott Dr, which sees over 38,269 VPD.
The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population.
Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
The Children's Courtyard 10,557 SF 11/30/2036

Amenities

  • 24 Hour Access
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 37 min - 27.2 mi
Dallas-Fort Worth International 38 min - 30.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes
Andrew Gilbert 678-365-5168 Sands Investment Group
Andrew Gilbert 678-365-5168 Sands Investment Group