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Primrose Schools | Double Net (NN) Lease

$6,454,993

10901 Founders Way, Fort Worth, TX 76177

Active
Last Updated: 08/24/2021

6.75

Cap Rate

435,712

NOI

Details:
Cap Rate:    6.75%
NOI:    $435,712
Building Size:    12,110 sqft
Lot Area:    1.77 acres
Lease Type:    Double Net
Year Built:    2020
Price Per Sqft:    $533.03
Roof & Structure:    Landlord’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Highlights:
  • Brand-New Construction Long-Term 20 Year Lease With 2% Annual Increases
  • Experienced Multi-Unit Operator; Primrose Schools is the National Leader in Providing Premier Early Education and Care and it Has Earned National Accreditation From AdvancED
  • Affluent Neighborhood With 75,685 Residents Making an Average Household Income of $120,219 Within a 3-Mile Radius
  • Population Jumps to Over 198,720 Within 5-Miles and is Expected to Increase Another 8.29% in the Next 5 Years
  • Adjacent to Texas Health Harris Methodist Hospital (Over 1,100 Employees) and Lifetime Fitness
  • Surrounding Elementary Feeder Schools Include: Caprock, Kay Granger, OA Peterson and Haslet
  • Less Than 10 Minutes From Several Major Employers of the Area: JCPenney, Amazon, FedEx, Kraft Foods, GE, Cargill Cotton and the BNSF Railway Company
  • 20 Minutes From the Famous Stockyard Stations Which is a Large Historic District With an Old West Vibe Offering Tours, Entertainment, Shops and Restaurants
  • Ranked the 13th Largest and One of the Fastest Growing Cities In the U.S., Fort Worth is Home to More Than 850,000 Residents
  • 20 Minutes to the Fort Worth Meacham International Airport and 35 Minutes to Dallas Love Field and Dallas/Fort Worth International Airports
  • Texas Is An Income Tax Free State
  • Nearby Tenants Include: Chick-fil-A, Best Buy, Wells Fargo, Costco, McDonald’s, Starbucks, 7-Eleven, RaceTrac, Kroger, QuikTrip and More
Description:

Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,110 SF Primrose Schools at 10901 Founders Way in Fort Worth, Texas. This Opportunity Includes a Brand-New Construction With an Experience Multi-Tenant Operator, Providing For a Secure Investment.




In Cooperation With
Sands Investment Group Austin, LLC Lic. #9004706

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