15054 W State 71 Hwy - Day Care Center FOR SALE


Bee Cave, TX 78738
$5,905,000 USD
949-903-3399
15054 W State 71 Hwy, Bee Cave, TX for Sale
$5,905,000 USD
Day Care Center - FOR SALE
1/4
null | 6.35% Cap Rate

15054 W State 71 Hwy
Bee Cave, TX 78738


HIGHLIGHTS

  • Brand New 15 Yr. Corp. Lease by Learning Experience - 480+ Locations - Best in Class Brand
  • RARE High Profile Site off Hwy 71 - Hyper Dense Residential Trade Area/Huge Population Growth
  • Corp Guarantee of $750k over 6 Yrs. - Subsidiary of Golden Gate Capital ($19B+ Market Cap)
  • Highly Affluent Suburb ($209,706 HHI) of Austin, TX - One of Fastest Growing Cities in US since 2010
  • Brand New 2024 Prototype - 12% Rent Bumps - 15 Yr. Roof Warranty - Scheduled Open Spring 2024
  • Large 2.00 Acre Site - Surrounded by Several Elementary/Middle/High Schools - Depreciable Asset

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a single tenant net leased investment that is fully occupied by The Learning Experience in the Austin, TX MSA. The Learning Experience, one of the Nation’s leaders in early education, is ranked no. 32 on Entrepreneur’s Franchise 500 for 2024, was ranked no.1 Childcare Franchise in 2023, and has over 470 locations in operation or under development across the United States. The corporate guaranteed lease has over 14 years remaining in the primary term, two 5-year option period, ~12% rent increases every 5 years and limited landlord responsibilities (roof & structure only) providing inflation resistant cash flows for years to come. Located in the popular Austin Suburb of Bee Cave, the subject property is strategically located on State Highway 71 (23,930 VPD) and is only 20 miles from downtown Austin. Several schools surround the subject property including Lake Travis High School, Bee Cave Middle School, and Bee Cave Elementary School with enrollments exceeding 5,300 students. This is an excellent opportunity to purchase a new construction, single tenant net leased childcare investment in one of Texas’ fastest growing metros with rare 12% Increases, corporate guarantee and limited landlord obligations producing long term internet resistant income.

FOR SALE DETAILS

PRICE

$5,905,000 USD

PRICE/SF

$591 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

119175

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.