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Kiddie Academy | League City, TX 2010 E League City Pky 14,438 SF Retail Building League City, TX 77573 $5,255,000 ($363.97/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare Two Buildings, 14,438 Square-Foot Single-Tenant Kiddie Academy in Affluent Houston Suburb
- New 15-Year Lease Extension; Rare Absolute NNN Lease
- 2,090 Households Within a 5-Mile Radius and Over 9,400 Children Under the Age of 5 Within a 5-Mile Radius
- Large 2.41 Acre Parcel
- 10+ Year Track Record of Success Due To Strategic Real Estate
- High-Traffic Location; Freeway Accessible: The property is located along League City Parkway/SH 96 (30,100 CPD)
EXECUTIVE SUMMARY
Rare Absolute NNN Lease; New 15-Year Extension | Experienced Multi-Unit Franchisee | Affluent Houston Suburb; $186,000+ AHHI
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
14,438 SF
Building Class
C
Year Built
2008
Price
$5,255,000
Price Per SF
$363.97
Cap Rate
7.35%
NOI
$386,217
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.41 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Bullocks Bright Beginnings Ll
- -
- -
- -
- -
-
- Health Care and Social Assistance
- -
- -
- -
Kiddie Academy has been shaping, fueling, and nurturing children’s natural curiosity since they opened their first Academy over 40 years ago. They’re driven to prepare children for life. Through their passion for early childhood education, community commitment, and their Life Essentials® curriculum, they’re here to educate and encourage your child to do more and be more—not just while they’re with them, but outside the classroom as well.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Bullocks Bright Beginnings Ll | - | - | - | - | ||
|
|
Health Care and Social Assistance | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 7255-0000-0001-000 | Improvements Assessment | $2,518,745 |
| Land Assessment | $457,380 | Total Assessment | $2,976,125 |
PROPERTY TAXES
Parcel Number
7255-0000-0001-000
Land Assessment
$457,380
Improvements Assessment
$2,518,745
Total Assessment
$2,976,125
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Kiddie Academy | League City, TX | 2010 E League City Pky
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