Retail    

Children of America

 Highland Village (Dallas-Ft. Worth), TX

Asking Price

$4,153,846

Cap Rate

6.50%

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Expenses

NNN

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Year Built

2022

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Square Feet

10,000 SF

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Land

1.78 AC

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INVESTMENT HIGHLIGHTS

  • New 2022 Construction (Expected Rent Commencement Q4)
  • 15-Year NNN Lease with Minimal Landlord Responsibilities – 20-Year Transferrable Roof Warranty
  • Children of America Was Founded in 1999 and Is a Top 20 Childcare Operator that is 100% Corporately Operated with 61 Locations in 14 States & Multiple Schools Under Construction
  • Corporate Guaranty from COA's Parent Company Worldwide Childcare Corp.
  • Cap Rate Increases to 7.10% in Year 8, Avg. Cap Rate of 7.46%
  • Strong 3% Annual Increases in Year 6, 2% Annually from Year 11 Through Options
  • Income Tax-Free State
  • Outstanding Average HH Income of $181k+ in a 1-Mile Radius
  • Population Counts Exceed 187k in a 5-Mile Radius - Approx. 10% Projected Population Growth from '21-'26 in a 1, 3 and 5-Mile Radius
  • $85.9+ Million Spent on Education & Daycare in a 1-Mile Radius
  • Located in Up-Scale Community that includes 2 Elementary Schools & 1 Middle School Totaling over 2,000 Students

Exclusively Listed By

In Association With
Toby Scrivner

Texas Lic. #452773

Northmarq

2121 N. California Blvd
Suite 290
Walnut Creek, CA 94596


northmarq.com