3309 101st St - Retail FOR SALE


Lubbock, TX 79423
$4,130,000 USD
602-687-6780
3309 101st St, Lubbock, TX for Sale
$4,130,000 USD
Retail - FOR SALE
1/5
null | 7.5% Cap Rate

3309 101st St
Lubbock, TX 79423


HIGHLIGHTS

  • 100% Leased with Annual Rent Increases and Corporate Guarantees
  • Growing Tenant - Action Behavior Centers is Projected to Have More Than 300 Locations Across 6 States by the End of 2024
  • Private Equity Firm CharlesBank Acquired Action Behavior Centers in 2022 (Valued at $840M at the Time of Sale, and Has Continued to Grow)
  • 167,052 Residents within a Five-Mile Radius
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Approximately 10% in the Surrounding Area by 2028
  • Located Near Big Lots, Kohl’s, Dollar Tree

OVERVIEW

Marcus & Millichap is pleased to present for sale Action Behavior Centers & Treehouse Children's Academy in Lubbock, TX. Action Behavior Centers - ABA Therapy for Autism (“ABC”) is the leading provider of Applied Behavior Analysis (ABA) therapy in Texas, Arizona, Colorado, Illinois, North Carolina, and Minnesota. Treehouse Children’s Academy is an early education Christian school serving families in the Lubbock and Amarillo area. Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents.

FOR SALE DETAILS

PRICE

$4,130,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Action Behavior Centers & Treehouse Academy

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.37 AC

LAND SF

59,677 SF

ZONING

-

APN/PARCEL ID

R174874

ASK ABOUT THIS PROPERTY

Christopher LindMarcus & MillichapMore Info
602-687-6780

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

Christopher LindMarcus & MillichapMore Info
602-687-6780

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