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Fractal EG - Magnolia Preparatory Academy 23915 FM 529 Rd 12,601 SF Retail Building Katy, TX 77493 $9,535,964 CAD ($756.76 CAD/SF) 7% Cap Rate
Investment Highlights
- Fractal Education Group - Magnolia Preparatory Academy is guaranteed by Fractal Education Group, a 17-unit operator aggressively growing in Texas.
- 15-year Triple Net Lease with zero landlord responsibilities.
- 7 elementary feeder schools within a 5-mile radius.
- Katy is one of the strongest family-oriented suburban growth corridors in the greater Houston metro, supported by continued residential expansion.
- Average household income is $119,210, and the population is 129,213 residents within a 5-mile radius.
- Katy Independent School District is one of the largest and fastest-growing public school districts in Texas.
Executive Summary
Sands Investment Group is pleased to exclusively offer for sale the 12,601 SF Fractal Education Group - Magnolia Preparatory Academy located at 23915 FM 529 in Katy, Texas. The property is leased to Magnolia Preparatory Academy and guaranteed by Fractal Education Group, a rapidly expanding 17-unit educational operator actively growing throughout Texas. This offering provides investors with a stable long-term investment opportunity supported by a 15-year Triple Net (NNN) Lease structure with zero landlord responsibilities, creating passive and predictable cash flow backed by an established education platform.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Facts
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Building Size
12,601 SF
Building Class
C
Year Built
2020
Price
$9,535,964 CAD
Price Per SF
$756.76 CAD
Cap Rate
7%
NOI
$667,518 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.39 AC
Parking
38 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
261’ on Farm to Market Road 529
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Magnolia Preparatory Academy
- Educational Services
- 12,601 SF
- $52.98 CAD
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Magnolia Preparatory Academy | Educational Services | 12,601 SF | $52.98 CAD | Triple Net | - |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 1417480010003 | Improvements Assessment | $3,352,568 CAD |
| Land Assessment | $1,287,656 CAD | Total Assessment | $4,640,223 CAD |
Property Taxes
Parcel Number
1417480010003
Land Assessment
$1,287,656 CAD
Improvements Assessment
$3,352,568 CAD
Total Assessment
$4,640,223 CAD
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Fractal EG - Magnolia Preparatory Academy | 23915 FM 529 Rd
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