For Sale I The Learning Experience I Brand New Construction
8630 Jones Road, Jersey Village, TX
For Sale
Retail
Free Standing
$5,704,000
Price
10,000 sqft
Building Size
1.6 acres
Lot Area
Overview
Building Size
10,000 sqft
Lot Area
1.6 acres
Occupancy
100%
Year Built
2023
Tenancy
Single
Lease Expire Year
01/01/2043
Description
Colliers is pleased to exclusively offer to qualified investors, the opportunity to acquire a brand new, fee-simple retail building leased to The Learning Experience, located at 8630 Jones Road in Jersey Village (Houston), TX. The newly constructed ±10,000 SF building sits on ±1.60 acres, near the lighted intersection of Jones Rd. at Jersey Meadow Dr. A prime location in the FM 1960/Hwy 249 submarket, just a half mile north of Highway 290 surrounded by a highly dense residential area with high traffic counts.
Highlights
- Long Term Lease: Brand new construction with a new 20-year lease
- 10% increases Every 5 years: Including options (2-5 Year Options)
- Corporate Guaranty: Structured Corporate Guaranty of $700k
- High Traffic Counts: Jones Road sees 49,780 VPD and is an arterial road to access Highway 290 (211,152 VPD), a major thoroughfare of Houston, TX
- Award Winning Tenant: The Learning Experience has over 350 centers across the U.S. and U.K. The Franchise was recently recognized as the No.1 Childcare Franchise and No.1 Education Franchisee