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Guidepost Montessori at Flower Mound 2501 Simmons Rd 12,113 SF Retail Building Flower Mound, TX 75022 $7,285,512 CAD ($601.46 CAD/SF) 6.93% Cap Rate
Investment Highlights
- 12+ years remaining on corporate net lease featuring 2% annual rental increases
- Extremely large 3.90 acre lot
- Estimated to experience roughly 20% population growth over the next five years within a 1, 3, and 5-mile radius
- Lease features a full-term corporate guaranty from tenant’s parent company – Guidepost Global Education
- Guidepost Global Education is a EBITDA positive “4-wall” company with 8,000+ system-wide enrollments
- $204,000 average household incomes within a 1-mile radius of the subject property
Executive Summary
Over 12 years remaining in the base term of this lease featuring 2% annual rental increases and a full-term corporate guaranty from Guidepost Global Education (see Page 9). The subject property is located in Flower Mound, an explosive growth Dallas suburb that is estimated to experience roughly 20% population growth over the next five years within a 1, 3, and 5-mile radius.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
12,113 SF
Building Class
C
Year Built/Renovated
2011/2018
Price
$7,285,512 CAD
Price Per SF
$601.46 CAD
Cap Rate
6.93%
NOI
$504,976 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.90 AC
Parking
55 Spaces (4.54 Spaces per 1,000 SF Leased)
Fairly walkable
40/100
Very drivable
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R470041 | Improvements Assessment | $3,850,114 CAD |
| Land Assessment | $1,099,621 CAD | Total Assessment | $4,949,735 CAD |
Property Taxes
Parcel Number
R470041
Land Assessment
$1,099,621 CAD
Improvements Assessment
$3,850,114 CAD
Total Assessment
$4,949,735 CAD
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Guidepost Montessori at Flower Mound | 2501 Simmons Rd
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