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
Capital Pacific is pleased to present an opportunity to acquire a newly-renovated Guidepost Montessori School – Brushy Campus, in Cedar Park, Texas. The subject property features an attractive 20-year lease term. The lease is enhanced with 2% annual rent increases as well as two 5-year options to extend thereafter. The lease structure is corporate NNN, with Landlord responsibility limited to structure only. (Tenant is responsible for roof.) The property 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 and features high enrollments and full waitlist. Guidepost is the largest corporate operator of Montessori schools in the U.S. with 42 locations across the country. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE), a $100 million corporate enterprise.
Property Taxes
| Parcel Number | R475395 | Improvements Assessment | $3,044,178 |
| Land Assessment | $678,275 | Total Assessment | $3,722,453 |
Property Taxes
