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7508 Eldorado Pky
McKinney, TX 75070
Guidepost Montessori · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,815 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.43 AC
Zoning
SFR
Parking
19 Spaces (2.16 Spaces per 1,000 SF Leased)
Frontage
271’ on Eldorado Pkwy

ABOUT 7508 ELDORADO PKY , MCKINNEY, TX 75070

Capital Pacific is pleased to present the opportunity to acquire Guidepost Montessori McKinney, a premier single tenant investment in the affluent Dallas suburb of McKinney, TX. The subject property features a 20-year NNN lease (17.5 years left) to Guidepost Montessori, the largest corporate Montessori school operator in the U.S. The absolute NNN lease structure features 2.50% annual rental increases and two 5-year options to extend the lease after the primary term. The lease is guaranteed by Guidepost’s parent company, Higher Ground Education (HGE), which is valued at $100M and operates 39 Guidepost locations across the country, focused on affluent and dense residential demographics. The subject property is located in McKinney, TX, a high-income suburb within the Dallas-Fort Worth MSA, the largest inland metro area in the U.S. It features hard corner visibility on Eldorado Parkway, one of the main commercial thoroughfares in McKinney. The trade area boasts average household incomes over $132,000 within 5-miles and $135,000 within 1-mile of the property. As a result of these affluent demographics, schools in the area are able to command very high tuitions. Additionally, the property is surrounded by a host of synergistic commercial properties, including national retailers like Kroger, CVS, Target, and Lowe’s, as well as the Apex Centre, a community center and fitness & recreation facility for children and adults which serves the entire McKinney community.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R-4411-00A-02R2-1
Land Assessment
$1,212,972
Improvements Assessment
$2,704,452
Total Assessment
$3,477,600
  • Listing ID: 16933638

  • Date on Market: 8/15/2019

  • Last Updated:

  • Address: 7508 Eldorado Pky, McKinney, TX 75070

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