441 W Broade St
Leander, Texas
Price:
$9,470,000
Cap Rate:
6.60%
NOI:
$625,000
Building Size:
Approx. 12,000 Sq. Ft.
Lot Size:
Approx. 1.75 Acres
Type:
Single-Tenant / Commercial
Sub Category:
Early Education
Year Built:
2025
Investment Overview
- 2025 Construction. 12,000+/- SF Building on 1.75+/- Acre Site
- 15-Year Corporate NNN Lease with 3, 5-Year Options to Renew. 12% Rent Increases Every 5 Years in Primary Terms & Options.
- Following its IPO in Oct. 2024, KinderCare became the Leading Childcare Provider | Twice as Many Locations as Next Largest Provider
- Leander Is Evolving Into a Vibrant Regional Hub as Major Developments, Healthcare Expansion, & Housing Growth Drive Commerce & Technology
- Acclaimed School System – Leander ISD Serves 42k+ Students Across 49 Campuses w/ Nearly 6k Faculty & Staff
- Located 30 Mins. from Austin & has a Fast-Growing, Affluent Population w/ Avg. HH Income of $165,800 in a 3-Mile Radius
- Leander | Located in Austin MSA – One of the Fastest Growing Cities in U.S. | Population: 86,469+; MSA: 2.55M+