This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3017 Polar Ln
Cedar Park, TX 78613
Guidepost Montessori · Specialty Property For Sale
·
14,462 SF
Property Facts
| Property Type | Specialty | Building Size | 14,462 SF |
| Property Subtype | School | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 2008/2019 |
| Lot Size | 1.23 AC | Parking Ratio | 1.94/1,000 SF |
| Zoning | 1-LR | ||
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.23 AC |
| Building Size | 14,462 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2008/2019 |
| Parking Ratio | 1.94/1,000 SF |
| Zoning | 1-LR |
About 3017 POLAR LN , CEDAR PARK, TX 78613
Newly-renovated Guidepost Montessori (“Brushy Creek Campus”) in Cedar Park, Texas. Guidepost Montessori is the largest Montessori operator in the United States and has significant financial backing (contact agent for more detail). After only a month, Guidepost’s enrollment grew to over 65% of capacity, which is reflective of the extremely high demand for quality educational and day care services in this community. The subject property features an attractive 20-year lease term, with tenant responsible for all operating expenses, repairs, and most maintenance. The lease is enhanced with 2% annual rent increases as well as two 5-year options to extend the lease. The facility is an established school site within a dense, affluent suburb of Austin, Texas. The school has been renovated and is now operating under the successful Guidepost Montessori brand, a corporate operator with 24 locations across the U.S. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE).
Property Taxes
| Parcel Number | R475395 | Improvements Assessment | $3,044,178 |
| Land Assessment | $678,275 | Total Assessment | $3,722,453 |
Property Taxes
