4387 W Davis St - Day Care Center FOR SALE


Conroe, TX 77304
$5,259,000 USD
713-425-5912
4387 W Davis St, Conroe, TX for Sale
$5,259,000 USD
Day Care Center - FOR SALE
1/4
null | 6.75% Cap Rate

4387 W Davis St
Conroe, TX 77304


HIGHLIGHTS

  • Please execute the Confidentiality Agreement to received the Offering Memorandum

OVERVIEW

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale a 2023-constructed The Learning Experience in Conroe, TX (the “Property” or “Asset”). The Learning Experience operates on a 16-year double net (NN) lease. This investment features minimal landlord responsibilities and 12.5% rent increases every 5 years throughout the primary term and two (2) five-year renewal option periods. The Learning Experience has over 600 sites open and under development across the country.

FOR SALE DETAILS

PRICE

$5,259,000 USD

PRICE/SF

$526 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience | Conroe, TX

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.83 AC

LAND SF

79,715 SF

ZONING

-

APN/PARCEL ID

0002-06-00228

ASK ABOUT THIS PROPERTY

713-425-5912

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713-425-5912

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