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INVESTMENT HIGHLIGHTS
- Strong Lease Terms – NNN lease with 4 years remaining, 3% annual increases, and personal guaranty
- Passive Investment – Minimal landlord responsibilities (roof & structure only)
- Experienced Tenant – Proven operator with multiple successful childcare centers
- Owner Financing Available
- Large Lot – 39,416 SF with fenced playground and expansion potential
- Ample Parking – On-site parking with two curb cuts for smooth traffic flow
EXECUTIVE SUMMARY
A fully operational, NNN-leased daycare investment property located next to elementary school with 755 children at 7338 McHenry St, Houston, TX 77087.
This 4,784 SF facility is leased to an experienced daycare operator with over a decade of success in early childhood education. The lease includes 3% annual increases, providing a growing NOI and a hedge against inflation. With 4+ years remaining, personal guaranty, and minimal landlord responsibilities, this is an ideal low-management investment for passive investors. Current rent is $7431 including NNN.
The property features an oversized backyard area of approximately 0.30 acres, currently utilized as a playground. Buyers may choose to maintain it as a playground or repurpose it into a storage facility, outdoor seating area, or other functional space to meet their business needs.
Daycare business may be available for sale as well which is not included in the value of real estate.
Owner financing available!
Property Features:
Size: 4,784 SF purpose-built for childcare (Licensed for 120 children)
Layout: Multiple classrooms, restrooms, offices, kitchen, and indoor play zones
Outdoor Space: Oversized fenced playground
Licensing-Ready: Compliant with key safety and operational standards
Renovations: Updated flooring, interior paint, new front doors, fire exits in each room per city code
Dining Area: Staff break room or flexible build-out space
Parking: Ample on-site parking for staff and parents
Access: Convenient to Hwy 610, I-45, and major residential corridors
This 4,784 SF facility is leased to an experienced daycare operator with over a decade of success in early childhood education. The lease includes 3% annual increases, providing a growing NOI and a hedge against inflation. With 4+ years remaining, personal guaranty, and minimal landlord responsibilities, this is an ideal low-management investment for passive investors. Current rent is $7431 including NNN.
The property features an oversized backyard area of approximately 0.30 acres, currently utilized as a playground. Buyers may choose to maintain it as a playground or repurpose it into a storage facility, outdoor seating area, or other functional space to meet their business needs.
Daycare business may be available for sale as well which is not included in the value of real estate.
Owner financing available!
Property Features:
Size: 4,784 SF purpose-built for childcare (Licensed for 120 children)
Layout: Multiple classrooms, restrooms, offices, kitchen, and indoor play zones
Outdoor Space: Oversized fenced playground
Licensing-Ready: Compliant with key safety and operational standards
Renovations: Updated flooring, interior paint, new front doors, fire exits in each room per city code
Dining Area: Staff break room or flexible build-out space
Parking: Ample on-site parking for staff and parents
Access: Convenient to Hwy 610, I-45, and major residential corridors
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,784 SF
Building Class
C
Year Built/Renovated
1930/2022
Price
$1,300,000
Price Per SF
$271.74
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.90 AC
Zoning
None
Parking
30 Spaces (6.27 Spaces per 1,000 SF Leased)
Frontage
110’ on McHenry St
AMENITIES
- 24 Hour Access
- Fenced Lot
- Pylon Sign
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Twinkle Wonders
- Educational Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Twinkle Wonders | Educational Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0551400050033 | Total Assessment | $579,576 (2025) |
| Land Assessment | $137,956 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $441,620 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
0551400050033
Land Assessment
$137,956 (2025)
Improvements Assessment
$441,620 (2025)
Total Assessment
$579,576 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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7338 McHenry St
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