$ 3,465,000.00 |
Sale |
The Learning Experience
+Long Term, NNN Lease: New 16-year NNN lease, Two 5-year options, 10% increases every 5 years
+Brand New Construction: The facility is comprised of a 10,000 SF clear-span building on 1.462 acres with expected delivery Q1 17
+Excellent Visibility & Traffic: Located at the signalized intersection of McHard Road and Old Alvin Road
+Ideal Daycare Location: The property is directly across from Barbara Cockrell Elementary, and there are seven other elementary schools within a 3-mile radius
+Incredible Tenant Profile: The Learning Experience is the fastest growing childcare franchise in the United States with over 170 centers in operation and 35+ new centers opening each year
+High Household Income: Average household income of $114,000+ within a 1-mile radius
Traffic Counts:
MCHARD RD W OF OLD ALVIN RD: 9,030 CPD 11
MCHARD RD W OF OLD ALVIN RD: 10,230 CPD 11
OLD ALVIN RD N OF MCHARD RD: 2 ,170 CPD 11
OLD ALVIN RD S OF MCHARD RD: 5 ,300 CPD 11