14450 Marsh LnAddison, TX 75001

For Sale
$5,156,000

High-Yield NNN Lease, 10,641 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
Exceptional investment opportunity: a 10,641 square foot, freestanding daycare center in Addison, Texas, is available for purchase at $5,156,000. This property boasts a strong 7.30% cap rate and a substantial net operating income (NOI) of $376,410. The property is situated on a 1.72-acre lot and features a 15-year absolute NNN lease with a highly reputable tenant, Tierra Encantada, a leading early education provider. The lease includes annual rent bumps of 2%, ensuring consistent income growth. Two, 5-year lease options provide additional long-term security. The facility underwent renovations in 2022, and its location within the Dallas-Fort Worth Metroplex, specifically Addison, TX, offers significant advantages. Addison enjoys a large daytime population exceeding 120,000, and the property benefits from an average household income of $126,103 within a 5-mile radius. This prime location, coupled with the tenant's strong reputation and the favorable lease terms, makes this a compelling investment opportunity in a rapidly growing market. The lower per-square-foot rent compared to similar facilities in the area provides an operational advantage, contributing to a sustainable and scalable business model. This is a rare chance to acquire a well-established, high-performing daycare center in a desirable location for under $5.5 million.

Highlights

  • Rare opportunity to acquire a 10,000+ sq. ft. early education facility for under $5.5M.
  • Below-market rents offer operational advantages and a scalable business model.
  • Established bilingual early education provider, Tierra Encantada, currently operates the facility.
  • Prime location in the DFW metroplex, benefiting from significant population growth and high household incomes.
  • Strong daytime population of over 120,000 and average household income exceeding $126,000 within a 5-mile radius.

Property Details for 14450 Marsh Ln

Property type
Day care centers & nurseries, Other retail properties
Square Feet
10,641 SF
Year Renovated
2022
Lot Size (sq. ft)
74,923 SF

Location Insight

City
Addison
County
Dallas
State
Texas
Latitude
32.9410005
Longitude
-96.8551245
14450 Marsh Ln, Addison, Texas

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14450 Marsh Ln
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