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8521 Davis Blvd
North Richland Hills, TX 76182
Retail Property For Sale
Investment Highlights
- 15-year initial lease term through September 2037
- Average household income exceeds $211,000 within one mile
- Corporately guaranteed by Learning Care Group, Inc.
- 7.5% rental increases every five years
- Positioned in the primary retail corridor
- Texas has no state income tax
Executive Summary
Single-Tenant Net Lease Offering featuring a 15-year lease through September 2037 with 11+ years of firm term remaining, 7.5% rental increases every 5 years, and a prime DFW location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
14,323 SF
Building Class
C
Year Built
2022
Price
$6,543,070 CAD
Price Per SF
$456.82 CAD
Cap Rate
6.85%
NOI
$448,155 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.19
Lot Size
1.72 AC
Zoning
C-2 - General Commercial
Parking
30 Spaces (2.18 Spaces per 1,000 SF Leased)
Frontage
305’ on Davis Boulevard
Amenities
- Pool
Property Taxes
| Parcel Number | 41332482 | Improvements Assessment | $3,402,969 CAD |
| Land Assessment | $634,705 CAD | Total Assessment | $4,037,674 CAD |
Property Taxes
Parcel Number
41332482
Land Assessment
$634,705 CAD
Improvements Assessment
$3,402,969 CAD
Total Assessment
$4,037,674 CAD
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