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Guidepost Montessori 21418 Kingsland Blvd 11,077 SF Retail Building Katy, TX 77450 $6,500,000 ($586.80/SF) 7.05% Cap Rate
Investment Highlights
- Long-term NNN lease with ±15 years remaining and 2% annual rent increases.
- Located in Katy, TX, one of Houston’s fastest-growing suburban communities.
- Purpose-built childcare property with specialized classroom layouts.
- Single-tenant early education facility leased to Guidepost Global Education.
- Annual NOI of $458,123 with a 7.05% cap rate at $6,500,000 list price.
- Recession-resilient industry with $298M+ annual local education spending.
Executive Summary
Patrick Graham
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 9005919, 528005 (TX)
Address
2699 Howell St., Suite 400, Dallas, TX 75204
Phone
(866) 889-0550
Company
Matthews Real Estate Investment Services, Inc
Firm & License
License # 9005919, 528005 (TX)
Address
2699 Howell St., Suite 400, Dallas, TX 75204
Phone
(866) 889-0550
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,077 SF
Building Class
B
Year Built
2010
Price
$6,500,000
Price Per SF
$586.80
Cap Rate
7.05%
NOI
$458,123
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.56 AC
Parking
61 Spaces (5.51 Spaces per 1,000 SF Leased)
Frontage
202’ on Kingsland Blvd
Amenities
- Pylon Sign
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1246440010002 | Improvements Assessment | $2,223,566 |
| Land Assessment | $1,551,919 | Total Assessment | $3,775,485 |
Property Taxes
Parcel Number
1246440010002
Land Assessment
$1,551,919
Improvements Assessment
$2,223,566
Total Assessment
$3,775,485
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Guidepost Montessori | 21418 Kingsland Blvd
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