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1647 Waters Lake Blvd
Sienna Plantation, TX 77459
Everbrook Academy - Sienna Plantation, TX · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- This Asset is 100% Leased to Everbrook Academy on a Double Net (NN) Lease - 11.3 Years of Term Remaining
- 7+ Feeder Elementary Schools Within a 5-Mile Radius
- Ideally Located Just Off Sienna Parkway, Which Sees Over 26,706 VPD
- Corporately Backed By Learning Care Group, Inc., Which is the 2nd Largest For-Profit Childcare Company in North America
- Total Consumer Spending on Education and Daycare Exceeds $74 Million Annually Within a 5-Mile Radius of This Location
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 13,803 SF Everbrook Academy Located at 1647 Waters Lake Boulevard in Sienna Plantation, TX. This Asset is 100% Leased to Everbrook Academy on a Double Net (NN) Lease With 11.3 Years of Term Remaining, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,803 SF
Building Class
B
Year Built
2020
Price
$6,118,519
Price Per SF
$443.27
Cap Rate
6.75%
NOI
$413,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.72 AC
Parking
63 Spaces (4.56 Spaces per 1,000 SF Leased)
Frontage
251’ on Walters Lake Blvd
PROPERTY TAXES
| Parcel Number | 0031-00-000-4005-907 | Improvements Assessment | $3,252,699 |
| Land Assessment | $697,301 | Total Assessment | $3,950,000 |
PROPERTY TAXES
Parcel Number
0031-00-000-4005-907
Land Assessment
$697,301
Improvements Assessment
$3,252,699
Total Assessment
$3,950,000
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