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The Children's Courtyard - Prosper, TX 2301 Richland Blvd 12,415 SF Retail Building Prosper, TX 75078 $5,588,553 CAD ($450.15 CAD/SF) 7% Cap Rate

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Investment Highlights

  • This asset is 100% leased to The Children’s Courtyard on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities.
  • 17+ feeder elementary schools within a 5-mile radius: Judy Rucker Elementary School, R. Steve Folsom Elementary School Etc.
  • Ideally located just off E University Dr, which sees over 35,419 VPD.
  • Corporately backed by Learning Care Group, Inc., which is the secondlargest for-profit childcare company in North America.
  • Total consumer spending on education and daycare exceeds $230 million annually within a 5-mile radius of this location.
  • The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population.

Executive Summary

Sands Investment Group is pleased to exclusively offer for sale the 12,415 SF The Children’s Courtyard located at 2301 Richland Boulevard in Prosper, TX. This deal includes an asset which is 100% leased to The Children’s Courtyard on an Absolute Triple Net (NNN) Lease with zero landlord responsibilities - 6+ years of term remaining, providing for a secured investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,415 SF
Building Class
B
Year Built
2017
Price
$5,588,553 CAD
Price Per SF
$450.15 CAD
Cap Rate
7%
NOI
$391,199 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.57 AC
Parking
30 Spaces (2.42 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Signalized Intersection
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 12,415 SF
  • $31.43 CAD
  • Triple Net
  • Nov 2032

À The Children's Courtyard, ils donnent aux enfants suffisamment de place pour exceller dans tous leurs programmes d'éducation préscolaire. Ici, votre enfant apprendra aux côtés des autres, à travers des événements intéressants, avec le bon matériel, dans des salles de classe et des laboratoires conçus pour développer et favoriser des intérêts spécifiques. Le résultat ? Un enfant qui pense logiquement, résout des problèmes, s'épanouit socialement et fait preuve d'une force de caractère exceptionnelle. Ils préparent les élèves à la prochaine étape et à chaque étape d'une vie universitaire productive.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Health Care and Social Assistance 12,415 SF $31.43 CAD Triple Net Nov 2032

Property Taxes

Property Taxes

Parcel Number
R-11362-00A-0030-1
Land Assessment
$1,212,304 CAD
Improvements Assessment
$5,184,882 CAD
Total Assessment
$5,645,221 CAD
  • Listing ID: 39287510

  • Date on Market: 2026-02-02

  • Last Updated:

  • Address: 2301 Richland Blvd, Prosper, TX 75078

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