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303 Spruce St
Dickinson, TX 77539

$2,909,090 USD

Daycare Center For Sale  •  20,375 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 20,375 SF
  • Lot Size 2.75 AC
  • Building Class C
  • Year Built 2005
  • Cap Rate 8.25 %
  • Tenancy Single
0 Transit Score
28 Walk Score

Highlights

Established Childcare Operator with 20+ Years of Experience: The property is leased to a well-established childcare operator with over 20 years.
5-Year Sale-Leaseback: The offering features a newly executed 5-year sale leaseback, providing investors stabilized income from day one.
Flexible Dual-Building Configuration: The asset consists of two separate freestanding buildings that present as light-industrial or warehouse.
Located within the expanding Southeast Houston corridor, the property benefits from proximity to I-45, one of Houston’s highest-traffic arteries.
The property benefits from proximity to the $1.96 billion expansion of State Highway 99 (Grand Parkway).
Cap Rate: 8.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Kid City USA

Public Transportation

AirportDriveWalkDistance
William P Hobby 32 min - 18.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 57
Type: Surface
Included in Rent: Yes
Briggs Mosher 737-231-2977 Matthews Real Estate Investment Services
Briggs Mosher 737-231-2977 Matthews Real Estate Investment Services