7% CAP RATE - Everbrook Academy In Katy Texas
Market Price
2171 Tantara Bend Drive, Katy, TX 77493
7
Cap Rate
472,000
NOI
Details:
Highlights:
- Corporate Lease Guaranty From Learning Care Group
- Fifteen Year Passive Lease
- Great demographics. Limited competition.
- Income Tax Free State
- Leading provider in a $60 billion industry
- Now at a 7% cap rate
Description:
Offered for sale is a new Everbrook Academy child care center located at 2171 Tantara Bend Drive in Katy Texas. Our site is in Sunterra, a resort style Master Planned community with little competition. Sunterra is a 6,000 home development that is adjacent to more than 20,000 new homes under construction, recently delivered or to be built.. Our fifteen year lease is fully guaranteed by parent company, Learning Care Group who operates 1,150 child care centers nationally.
Katy is a growing west Houston suburb which has attracted young, wealthy families seeking an ideal quality of life and great school options. Katy has experienced 29% population growth since 2020.
Child care has been resistant to economic slowdowns with increasing demand. It is reported that U.S. families spend more than $60 billion annually on child care.
Rent commenced on May 21, 2026. We are offering this investment property to the market at a 7% initial cap rate.
Documents:
| Title | ||
|---|---|---|
|
Everbook_Academy_Katy__TX_7-26.pdf
|