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2301 Richland Blvd
Prosper, TX 75078

$4,087,500 USD

Daycare Center For Sale  •  12,415 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 12,415 SF
  • Lot Size 1.57 AC
  • Building Class B
  • Year Built 2017
  • Cap Rate 7.00 %
  • Tenancy Single
40 Walk Score

Highlights

This asset is 100% leased to The Children’s Courtyard on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities.
Corporately backed by Learning Care Group, Inc., which is the secondlargest for-profit childcare company in North America.
17+ feeder elementary schools within a 5-mile radius: Judy Rucker Elementary School, R. Steve Folsom Elementary School Etc.
Total consumer spending on education and daycare exceeds $230 million annually within a 5-mile radius of this location.
Ideally located just off E University Dr, which sees over 35,419 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 12,415 SF 11/30/2032

Amenities

  • Signage
  • Signalized Intersection
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Dallas Love Field 43 min - 33.7 mi
Dallas-Fort Worth International 42 min - 34.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Andrew Gilbert 678-365-5168 Sands Investment Group
Andrew Gilbert 678-365-5168 Sands Investment Group