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929 College Ave Forney, TX

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For Sale
$4,886,924

NNN leased Cadence Academy with favorable escalators in Forney, TX.

Property size:
14,924 SF
Lot size:
3.84 Acres

Property Features for 929 College Ave

General Information

Size
14,924 SF
Lot size
3.84 Acres

Source: Sands Investment Group (SIG) | Austin Agent Seth Krepistman

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


Overview

Cadence Academy Forney Investment Opportunity

This 14,924 square foot NNN asset is located at 929 South FM 741 in Forney, TX. The property is occupied by Cadence Academy, one of the largest private childcare providers in the United States, with over 30 years of operating history and more than 300 locations. The lease has 9 years remaining on the initial term, with favorable 2% annual rent escalators, providing for a secured investment. The surrounding area has an average household income of $95,988 and a population of 179,150 residents within a 10-mile radius. There are 11 feeder elementary schools within a 5-mile radius. Forney is a suburb of Dallas-Fort Worth, located 45 minutes east of Dallas Fort Worth International Airport (DFW).
Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

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

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

Similar Places Nearby

Forney Florist

Location Insight

  • Map
  • Local Demand
City
Forney
County
Kaufman
State
Texas
Longitude
-96.451
Latitude
32.7342

FAQs

What type of property is this?
Storefront property - NNN leased Cadence Academy with favorable escalators in Forney, TX.
Where is this storefront property located?
The property is located at 929 College Ave Forney, TX.
What is the asking price?
The asking price for this property is $4,886,924.
What are key features of this property?
This property features: - NNN lease with 9 years remaining, providing a secured investment.; - Favorable 2% annual rent escalators.; - Tenant is Cadence Education, a large childcare provider with 30+ years of operating history.
More about this property
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