5516 W Plano Pky - Day Care Center FOR SALE
Plano, TX 75093 |
$6,265,097 USD
843-212-9319
5516 W Plano Pky
Plano, TX 75093
HIGHLIGHTS
- KinderCare is the Largest For-Profit Childcare Company in North America and a Leader in Early Education
- Crème de la Crème is a Premium Early Education Organization With 45+ Locations Nationally and Were Recently Acquired By KinderCare
- The Asset is 100% Leased to KinderCare (Crème de la Crème) on an Absolute Triple Net (NNN) Lease
- The Lease Features CPI Rental Increases Every Five Year
- Total Consumer Spending on Education and Daycare Exceeds $218 Million Annually Within a 3-Mile Radius of This Location
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,417 SF KinderCare Located at 5516 West Plano Parkway in Plano, TX. This Deal is 100% Leased to KinderCare on an Absolute Triple Net (NNN) Lease and the Lease Features CPI Rental Increases Every Five Years, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
FOR SALE DETAILS
PRICE
$6,265,097 USD
PRICE/SF
$307 USD /SF
CAP RATE
8.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare - Plano, TX
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1998
SPRINKLERS
-
PARKING SPACES
71
LAND DETAILS
LAND ACRES
2.95 AC
LAND SF
128,327 SF
ZONING
PD 190-02, Plano
APN/PARCEL ID
R2057898
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843-212-9319
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843-212-9319
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