Retail    

The Nest Schools

 Dallas, TX

Asking Price

$3,784,900

Cap Rate

7.00%

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Expenses

Abs NNN

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Avg HHI

$135K (1-Mi)

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Population

385K (5-Mi)

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Corporate

Lease Signator

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • The Nest Schools is a Top 50, Corporately Operated Early Education Provider that Has 38 Schools Open Nationally and Plans to Open Over 200 Schools. The Founders Have 30+ Years of Experience and Previously Operated a Best-In-Class Early Education Platform in the Northeast
  • Rockbridge Growth Equity Invested in The Nest Schools in 2022 to Accelerate Growth and Create Long-Term, Sustainable Value. As of 2021, Rockbridge had Over $1.2 Billion in Assets Under Management and Experience in the Education Sector
  • Approximately 13 Years Remaining on an Absolute NNN Lease with No Landlord Responsibilities & 2% Annual Increases
  • Corporate Lease Signator & Very Strong Personal Guaranties from the Founders of Nest (Contact Broker for More Info)
  • Approximately $1 Million In Tenant Improvements
  • Population Counts Exceed 385k in a 5-Mile Radius and are Projected to Grow 5.1% by '27 in a 1-Mile Radius
  • Excellent Average HH Income of $135k+ in a 1-Mile Radius is Expected to Rise 9.9% by '27
  • $1.3+ Billion Spent on Education & Day Care in a 10-Mile Radius
  • Located in Income Tax-Free State
  • Strong Mix of Retail and Residential Surrounding the Property - Nearby National Brands Include Tom Thumb, Walgreens, Chase Bank, Chipotle, Starbucks, Lowe's, Kohl's and More

Exclusively Listed By

Remmington Penn

Associate
  rpenn@northmarq.com      +1 415.925.9955
BRE #02220211

Milo Spector

Senior Vice President
  mspector@northmarq.com      +1 415.610.8970
BRE #01959211

Chris Lomuto

Associate Vice President

BRE #01962410

In Association With
Jim Gibson

TX Lic. #392926

Northmarq

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Walnut Creek, CA 94596


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