9930 Valley Ranch PkwyIrving, TX 75063

For Sale
$6,556,000

High-yield daycare investment, strong tenant.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a 10,178 square foot freestanding retail building currently occupied by Guidepost Montessori, the world's largest Montessori school operator. Located at 9930 Valley Ranch Pkwy W in Irving, Texas (Dallas County, zip code 75063), this property sits on a 1.21-acre lot and boasts a 20-year corporate net lease with a robust 7.30% cap rate and a strong NOI of $478,584. The lease includes annual rent bumps of 2%, ensuring consistent income growth. The building underwent renovations in 2022. Situated within the thriving Valley Ranch master-planned community in the Dallas-Fort Worth MSA, this property benefits from a high-income demographic, with an average household income exceeding $133,217 within a 3-mile radius. The lease structure provides four, 5-year options, offering long-term stability and potential for future appreciation. The Dallas-Fort Worth MSA's strong economy and large concentration of Fortune 500 companies further enhance the investment's appeal. This is a rare chance to acquire a high-performing, net-leased property with a secure, nationally recognized tenant in a prime location. The asking price is $6,556,000.

Highlights

  • 20-year corporate net lease with 2% annual rent increases.
  • Dallas-Fort Worth MSA, home to the 4th largest concentration of Fortune 500 companies.
  • Ideally located in the Dallas MSA, the 4th largest metro area in the U.S.
  • Guidepost Montessori, the world's largest Montessori school operator, is the tenant.
  • High-income trade area with average household income exceeding $133,217 within a 3-mile radius.

Property Details for 9930 Valley Ranch Pkwy

Property type
Day care centers & nurseries, Other retail properties
Square Feet
10,178 SF
Year Renovated
2022
Lot Size (sq. ft)
52,708 SF

Location Insight

City
Irving
County
Dallas
State
Texas
Latitude
32.9399798
Longitude
-96.9533475
9930 Valley Ranch Pkwy, Irving, Texas

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9930 Valley Ranch Pkwy
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