Share This Listing

Message

916 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Everbrook Academy (Learning Care Group) 2171 Tantara Bend Dr 11,800 SF Retail Building Katy, TX 77493 $10,166,437 CAD ($861.56 CAD/SF) 6.40% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • EVERBROOK ACADEMY (LEARNING CARE GROUP) IN PREMIER MASTER PLANNED COMMUNITY
  • LIMITED COMPETITION
  • AFFLUENT AREA SURROUNDED BY NEW HOMES
  • FIFTEEN YEAR PRIMARY LEASE TERM

EXECUTIVE SUMMARY

OUTSTANDING OPPORTUNITY TO ACQUIRE A NEW EVERBROOK ACADEMY WITH A LEASE GUARANTY FROM LEARNING CARE GROUP - THE NATION'S 2ND LARGEST EARLY EDUCATION / CHILD CARE OPERATOR. LOCATED IN SUNTERRA @ KATY, TEXAS, A HOUSTON SUBURB. FIFTEEN (15) YEAR PASSIVE LEASE WITH RENT INCREASES EVERY FIVE YEARS. IDEAL DEMOGRAPHICS FOR EVERBROOK ACADEMY SURROUNDED BY NEW HOMES AND YOUNG AFFLUENT FAMILIES IN A PREMIER MASTER PLANNED COMMUNITY. THE PROPERTY WAS TURNED OVER TO THE TENANT IN JANUARY 2026 AND RENT WILL COMMENCE 120 DAYS THEREAFTER.
- LEASE BACKED BY LCG - OPERATOR OF 1,150 SCHOOLS ACROSS THE COUNTRY
- NEW BUILD TO SUIT DEVELOPMENT
- INITIAL 6.4% CAP RATE
- INCOME TAX FREE STATE
CONTACT BARRY SILVER 415 518-8060

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Building Size
11,800 SF
Year Built
2026
Construction Status
Under Construction
Price
$10,166,437 CAD
Price Per SF
$861.56 CAD
Cap Rate
6.40%
NOI
$650,652 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.25 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Everbrook Academy
  • Educational Services
  • 11,400 SF
  • $57.07 CAD
  • Triple Net
  • Jan 2041
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Everbrook Academy Educational Services 11,400 SF $57.07 CAD Triple Net Jan 2041
  • Listing ID: 38257043

  • Date on Market: 2025-10-29

  • Last Updated:

  • Address: 2171 Tantara Bend Dr, Katy, TX 77493

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}