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14450 Marsh Lane

$5,156,000

14450 Marsh Lane, Addison, TX 75001

Active
Last Updated: 11/15/2024

7.3

Cap Rate

376,410

NOI

Details:
Cap Rate:    7.3%
NOI:    $376,410
Building Size:    1,067 sqft
Lot Area:    1.72 acres
Lease Type:    Absolute Net
Tenancy:    Single
Year Last Renovated:    2022
Highlights:
  • With construction and rental rates climbing, this property presents a rare opportunity to acquire a 10,000+ sq. ft. early education facility for under $5.5MM
  • Lower per-square-foot rents compared to nearby facilities create an operational advantage, reducing overhead costs and offering the operator a sustainable and scalable business model
  • Tierra Encantada has built a strong reputation for success in bilingual early education
  • Positioned in the Dallas-Fort Worth metroplex, this property is in an area experiencing substantial population growth, particularly among young, affluent families moving into surrounding neighborhoods
  • The property is surrounded by a daytime population of over 120,000 people and an average household income of $126,103 within a 5-mile radius
Description:

Tierra Encantada features a long-term lease with annual rental increases in the Dallas Fort Worth MSA, which is home to the 4th largest concentration of Fortune 500 companies in the United States. Addison, TX, boasts over 120,000 daytime visitors.

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Title
TierraEncantada_AddisonTX.pdf
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