5009 Caroline St | Houston, TX 77004
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
5009 Caroline St
Houston, TX 77004
The Learning Experience · Retail Property For Sale
Investment Highlights
- The brand new 15-year Absolute NNN lease will commence in September 2024, allowing investors the opportunity to capitalize on the entire lease term.
- Located in the Museum District, which attracts over 8.7M visitors annually, and is long-considered one of the most sought-after districts in Houston.
- Located 3 minutes from the Property, the Ion District will become Houston’s mixed-use destination, comprising 12 blocks upon completion.
- Featuring rare 3% annual rent increases, (2) 5-year options, and zero LL responsibilities, the Property provides a long-term, passive investment.
- Irreplaceable Urban Infill Location | High Barriers to Entry | Tucked Away in the Middle of Everything
- The Learning Experience is a recognized leader in the daycare and early education industry with 600+ centers and 22% revenue growth over last 5 years.
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
17,399 SF
Building Class
B
Year Built/Renovated
1965/2026
Tenancy
Single
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.78 AC
Parking
48 Spaces (2.76 Spaces per 1,000 SF Leased)
Frontage
149’ on Caroline Street
Property Taxes
| Parcel Number | 0332510020005 | Improvements Assessment | $507,933 |
| Land Assessment | $2,724,000 | Total Assessment | $3,231,933 |
Property Taxes
Parcel Number
0332510020005
Land Assessment
$2,724,000
Improvements Assessment
$507,933
Total Assessment
$3,231,933
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
