Justin, TX - Former Preschool

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a former preschool investment property located in Justin, Texas. The site is zoned General Business, providing investors with a variety of permitted uses to choose from. The site is positioned at the hard corner intersection of Boss Range Road and Ovaletta Drive, providing the asset with excellent exposure to parents travelling to and from Justin Elementary School, which is located directly across the street.

The subject property is located near the signalized, hard corner intersection of FM 156 and FM 407 which combine to average 23,100 vehicles passing by daily. FM 156 is the major retail thoroughfare serving the city of Justin. The asset is one of the few preschools serving the area, providing an excellent opportunity for a owner-user to capture market share in a rapidly growing market. Justin is a part of Denton County, one of the fastest growing counties in Texas, which gained over 100,000 residents from 2020-2024 and surpassed a million residents in 2023. In addition, the subject property is located in close proximity to several new housing development projects including Reatta Ridge, The Preserve (330 units), Timberbrook (~1,000 units), and Treeline by Tri Pointe Homes (2,500 units). The property is in the center of a primary retail corridor with other nearby national/credit tenants including Anytime Fitness, Taco Bell, Dollar General, Sonic, Domino’s, Pizza Hut, Chicken Express, AutoZone, and more, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 45,900 residents and 8,800 employees with an affluent average household income of $143,060.

---

Report Listing This listing was syndicated through:

Listing ID: a28TP0000011LWTYA2