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504 Lake Rd
Belton, TX 76513
Belton Education Station · Retail Property For Sale
Investment Highlights
- Long-Term 20 Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Corporate Guarantee
- Fractal Education Group Currently Operates Three Schools With Plans to Acquire 5 Schools Annually Encompassing the Corporate Guarantee Behind the Leas
- 3% Annual Rent Increases
- High Unit Level Performance - Inquire For More Details
- Strong Demographics With a Population of 63,701 Residents Making an Average Household Income of $93,997 Within a 5-Mile Radius
Property Facts
Property Type
Retail
Property Subtype
Building Size
10,820 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.08 AC
Zoning
Commercial
Parking
45 Spaces (4.16 Spaces per 1,000 SF Leased)
Frontage
213’ on Lake Road
Property Taxes
| Parcel Number | 167071 | Improvements Assessment | $709,090 |
| Land Assessment | $148,910 | Total Assessment | $858,000 |
Property Taxes
Parcel Number
167071
Land Assessment
$148,910
Improvements Assessment
$709,090
Total Assessment
$858,000
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