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Action Behavior Centers - Princeton, TX 700 W Myrick Ln 8,400 SF Retail Building Princeton, TX 75407 $5,107,200 ($608/SF) 6.25% Cap Rate
Investment Highlights
- Brand-new 2024 construction with a high-finish build-out.
- Princeton is ranked the #1 fastest growing U.S. City, and the population doubled to 37,000 people in the last 5 years.
- Attractive 2.5% annual rent increases.
- Action Behavior Centers is a premier autism-focused, early education provider with 350+ locations.
- 7-year Double Net (NN) Lease with minimal landlord responsibility.
- Originally designed as a multi-tenant strip center providing long-term flexibility for leasing.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 8,400 SF Action Behavior Centers, located at 700 Myrick Lane in Princeton, TX. This opportunity features a brand-new 2024 construction building with a high-end, state-of-the-art build-out. The deal is backed by a 7-year Double Net (NN) Lease with minimal landlord responsibilities, ensuring stable, predictable cash flow. With its strong tenant, premium construction quality, and long-term lease structure, this offering presents an excellent, low-maintenance investment opportunity in a thriving market.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
B
Year Built
2024
Price
$5,107,200
Price Per SF
$608
Cap Rate
6.25%
NOI
$319,200
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.90 AC
Zoning
F1 - Real Commercial
Parking
32 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
247’ on Gunsmoke Trail
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Action Behavior Centers
- Health Care and Social Assistance
- 8,400 SF
- $38.00
- Double Net
- Apr 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Action Behavior Centers | Health Care and Social Assistance | 8,400 SF | $38.00 | Double Net | Apr 2032 |
Property Taxes
| Parcel Number | R-11373-00C-0011-1 | Improvements Assessment | $8,628,873 |
| Land Assessment | $2,447,027 | Total Assessment | $11,075,900 |
Property Taxes
Parcel Number
R-11373-00C-0011-1
Land Assessment
$2,447,027
Improvements Assessment
$8,628,873
Total Assessment
$11,075,900
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Action Behavior Centers - Princeton, TX | 700 W Myrick Ln
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