Kiddie Academy Allen, TX

1504 West Exchange Parkway
Allen, TX

Price: $8,118,000
Cap Rate: 5.00%
NOI: $405,912
Building Size: Approx. 12,546 Sq. Ft.
Lot Size: Approx. 1.98 Acres
Type: Single-Tenant / Retail
Sub Category: Early Education
Year Built: 2018

Investment Overview

  • 2018 Construction. 12,546+/- SF Building on 1.98+/- Acre Site
  • 11 Yrs Remaining on 15 Yr NNN Lease w/ 2% Annual Bumps
  • Property on Hard Corner of W Exchange Parkway (17K VPD) & Twin Creeks Drive (5K VPD)
  • Subject Location Performs in the Top 5% of All Kiddie Academies
  • Strong Income Demographics w/ est. $186,205 within a 1-Mile Radius
  • Near Stephen G. Terrell Recreation Center, Allen Gateway, The Avenue, etc.
  • Allen | Northern Suburb of Dallas, TX| Population: 111,000+