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60 Limmer Loop
Round Rock, TX 78665 Round Rock

$7,022,688 USD

Daycare Center For Sale  •  12,821 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 12,821 SF
  • Lot Size 2.57 AC
  • Building Class C
  • Year Built 1980
  • Cap Rate 6.38 %
  • Tenancy Single
  • Zoning F1
0 Transit Score
9 Walk Score

Highlights

Cadence Education is one of the largest private childcare providers in the United States, with 30+ years of operating history and 300+ locations.
12+ years remaining on a Triple Net (NNN) Lease with 2% annual escalators, providing a long-term and passive investment opportunity.
Outstanding demographics — this property is located in a high-growth and affluent market with 170,556 residents.
The immediate trade area is expected to experience a 28% increase in population through 2029 within a 3-mile radius of the property.
Conveniently located along Limmer Loop with close proximity to feeder elementary schools: Veterans Hill Elementary, and Kerley Elementary.
Round Rock, TX (Austin, TX MSA) has been nationally recognized as home to Dell's world headquarters.
Cap Rate: 6.38 %

Major Tenants

Tenant SF Occupied Lease End Date
Cadence Academy 12,821 SF 8/31/2037

Public Transportation

AirportDriveWalkDistance
Austin-Bergstrom International 45 min - 35.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 71
Type: Surface
Included in Rent: Yes
John Mansour 512-543-4828 Sands Investment Group Austin, LLC
John Mansour 512-543-4828 Sands Investment Group Austin, LLC