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    1601 Corporate Cir Southlake, TX 76092

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    For Sale
    $2,778,000

    NNN leased day care center with corporate guaranty.

    Property size:
    10,721 SF
    Lot size:
    1.36 Acres

    Property Features for 1601 Corporate Cir

    General Information

    Size
    10,721 SF
    Lot size
    1.36 Acres

    Source: Marcus & Millichap | Phoenix Agent Spencer Berkley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Southlake Day Care Center For Sale

    This property is a day care center with over 8 years remaining on an absolute triple-net (NNN) lease. The lease includes rental increases every 5 years. The guarantor is Learning Care Group, a large provider of early childhood care in the U.S. with over 1,150 schools across 11 brands. The surrounding area has 158,147 residents, with population and households projected to increase 5% by 2028 within the Dallas/Fort Worth MSA. The property is located in the Southridge Lakes Community, which consists of 385 single family homes, and is situated directly across from Carroll Senior High School, which has over 1,440 students. There are 18 feeder elementary schools within a 5-mile radius. The trade area is affluent, with average household income exceeding $282,000 within 1 mile of the property. The property contains 10,721 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Day care centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Southlake
    County
    Tarrant
    State
    Texas
    Longitude
    -97.1763649
    Latitude
    32.9423769

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    FAQs

    What type of property is this?
    Day care center - NNN leased day care center with corporate guaranty.
    Where is this day care center located?
    The property is located at 1601 Corporate Cir Southlake, TX.
    What is the asking price?
    The asking price for this property is $2,778,000.
    What are key features of this property?
    This property features: - Absolute Triple-Net (NNN) Lease with 8+ Years Remaining; - Corporate Guaranty by Learning Care Group (1,150+ schools); - Affluent Trade Area: **$282,000+ Average Household Income (1 Mile)**
    (602) 687-6700
    Request Owner's contact information
    1601 Corporate Cir Southlake, TX 76092
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    Southlake, TX 76092
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1601 Corporate Cir Southlake, TX 76092
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