7900 Old Tezel Rd - Day Care Center FOR SALE


San Antonio, TX 78250
$6,878,474 USD
415-610-8970
7900 Old Tezel Rd, San Antonio, TX for Sale
$6,878,474 USD
Day Care Center - FOR SALE
1/5
null | 6.75% Cap Rate

7900 Old Tezel Rd
San Antonio, TX 78250


HIGHLIGHTS

  • Corporately Operated - 50+ Schools Open Nationally with Plans to Open Over 200 Schools
  • Over $3 Million in TI's Completed Including a Brand New Construction 7,872 SF Expansion Building, Renovations to the Existing Building
  • Rockbridge Growth Equity Invested in The Nest Schools in 2022 to Accelerate Growth and Create Long-Term, Sustainable Value
  • Approximately 14 Years Remaining on an Absolute NNN Lease with No Landlord Responsibilities & Above Market 2.5% Annual Increases
  • Corporate Lease Signator & Very Strong Personal Guaranties from the Founders of Nest
  • Located in an Income Tax-Free State

OVERVIEW

Northmarq is pleased to exclusively offer for sale a single-tenant early education property operating as "The Nest Schools" in San Antonio, Texas. There are approximately 14 years remaining on a corporate, absolute NNN lease with 2.5% annual rental increases and extraordinarily strong personal guaranties from the founders of Nest. The Nest Schools are corporately operated and have 50+ locations currently open with plans to grow to over 200 locations. This location has undergone extensive tenant improvements of around $3 Million, which included a brand new 7,800+ Sq Ft expansion building and playground.

FOR SALE DETAILS

PRICE

$6,878,474 USD

PRICE/SF

$563 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Nest Schools

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.62 AC

LAND SF

114,127 SF

ZONING

-

APN/PARCEL ID

18308-001-0040

ASK ABOUT THIS PROPERTY

Milo SpectorNorthmarqMore Info
415-610-8970

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Milo SpectorNorthmarqMore Info
415-610-8970

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