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Spanish Schoolhouse 1625 Main St 7 573 pi² Commerce de détail Immeuble Providence Village, TX 76227 7 038 583 $ CAD (929,43 $ CAD/pi²) 6,50% Taux de capitalisation
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Faits saillants de l'investissement
- Long-Term Absolute NNN Lease: Brand-new 15-year lease to Spanish Schoolhouse, with no landlord obligations—offering stable, fully passive income.
- Established Educational Operator: Founded in 2000, Spanish Schoolhouse operates 20+ locations across Texas.
- Demographics Support Growth: 126,000+ residents within 5 miles and an average household income of $120,000.
- Annual Rental Escalations: Fixed 2.0% annual increases provide consistent NOI growth throughout the lease term and renewal options.
- Strategic Location Within a Mixed-Use Corridor: Adjacent to a new Action Behavior Center and near future retail and medical development.
- Purpose-Built for Long-Term Occupancy: Modern 7,573 SF facility customized for Spanish Schoolhouse’s operational model and educational environment.
Résumé de l'annonce
Spanish Schoolhouse (the "Property") is strategically located adjacent to the Action Behavior Center within a master-planned mixed-use development at the northwest quadrant of Main Street and Fishtrap Road in Providence Village, Texas. The Property benefits from strong visibility, convenient access to US Highway 380, and proximity to future medical and retail developments, contributing to long-term tenant synergy and land value appreciation.
The Property comprises approximately 7,573 square feet in a single-tenant building that will be delivered as a build-to-suit for Spanish Schoolhouse, a leading provider of Spanish immersion preschool and early childhood education. The tenant has executed a long-term 15-year absolute NNN lease with two (2) five-year renewal options and fixed 2.0% annual rental increases beginning in Year 2. This structure provides investors with stable, passive income and predictable growth.
Spanish Schoolhouse represents a rare opportunity to acquire a purpose-built, education-focused net lease investment with zero landlord responsibilities in a high-growth corridor of Denton County.
The Property comprises approximately 7,573 square feet in a single-tenant building that will be delivered as a build-to-suit for Spanish Schoolhouse, a leading provider of Spanish immersion preschool and early childhood education. The tenant has executed a long-term 15-year absolute NNN lease with two (2) five-year renewal options and fixed 2.0% annual rental increases beginning in Year 2. This structure provides investors with stable, passive income and predictable growth.
Spanish Schoolhouse represents a rare opportunity to acquire a purpose-built, education-focused net lease investment with zero landlord responsibilities in a high-growth corridor of Denton County.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Garderie
Taille du bâtiment
7 573 pi²
Classe d’immeuble
C
Année de construction
2026
État de la construction
Proposé
Prix
7 038 583 $ CAD
Prix par pi²
929,43 $ CAD
Taux de capitalisation
6,50%
Revenu net d’exploitation
457 508 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Taille du lot
1,08 AC
Commodités
- Climatisation
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | R957908 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 431 $ CAD | Évaluation totale | 431 $ CAD |
Impôts fonciers
Numéro de lot
R957908
Évaluation du terrain
431 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
431 $ CAD
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Spanish Schoolhouse | 1625 Main St
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