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7338 McHenry St 4,784 SF Retail Building Houston, TX 77087 $1,813,760 CAD ($379.13 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Strong Lease Terms – NNN lease with 4 years remaining, 3% annual increases, and personal guaranty
  • Passive Investment – Minimal landlord responsibilities (roof & structure only)
  • Experienced Tenant – Proven operator with multiple successful childcare centers
  • Owner Financing Available
  • Large Lot – 39,416 SF with fenced playground and expansion potential
  • Ample Parking – On-site parking with two curb cuts for smooth traffic flow

EXECUTIVE SUMMARY

A fully operational, NNN-leased daycare investment property located next to elementary school with 755 children at 7338 McHenry St, Houston, TX 77087.
This 4,784 SF facility is leased to an experienced daycare operator with over a decade of success in early childhood education. The lease includes 3% annual increases, providing a growing NOI and a hedge against inflation. With 4+ years remaining, personal guaranty, and minimal landlord responsibilities, this is an ideal low-management investment for passive investors. Current rent is $7431 including NNN.
The property features an oversized backyard area of approximately 0.30 acres, currently utilized as a playground. Buyers may choose to maintain it as a playground or repurpose it into a storage facility, outdoor seating area, or other functional space to meet their business needs.
Daycare business may be available for sale as well which is not included in the value of real estate.
Owner financing available!
Property Features:
Size: 4,784 SF purpose-built for childcare (Licensed for 120 children)
Layout: Multiple classrooms, restrooms, offices, kitchen, and indoor play zones
Outdoor Space: Oversized fenced playground
Licensing-Ready: Compliant with key safety and operational standards
Renovations: Updated flooring, interior paint, new front doors, fire exits in each room per city code
Dining Area: Staff break room or flexible build-out space
Parking: Ample on-site parking for staff and parents
Access: Convenient to Hwy 610, I-45, and major residential corridors

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,784 SF
Building Class
C
Year Built/Renovated
1930/2022
Price
$1,813,760 CAD
Price Per SF
$379.13 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.90 AC
Zoning
None
Parking
30 Spaces (6.27 Spaces per 1,000 SF Leased)
Frontage
110’ on McHenry St

AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Pylon Sign
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Twinkle Wonders
  • Educational Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Twinkle Wonders Educational Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

El Ahorro Supermarket
La Michoacana Meat Market
H-E-B Foods
Olive Garden
Mod Pizza
Starbucks
El Torito
Bank of America
Comerica
Allegiance Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0551400050033
Land Assessment
$194,533 CAD (2025)
Improvements Assessment
$622,733 CAD (2025)
Total Assessment
$817,266 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 36160211

  • Date on Market: 2025-06-07

  • Last Updated:

  • Address: 7338 McHenry St, Houston, TX 77087

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