6200 Virginia Pkwy McKinney, TX 75071

This childcare net lease property is located in McKinney, Texas, one of the fastest-growing cities in America. The property is adjacent to Stonebridge Ranch, a 5,000-acre master-planned community with over 70 unique villages and more than 36,000 residents. The surrounding area has strong demographics, with an average household income exceeding $141,000. The area is densely populated and fast-growing, with more than 230,000 people residing within a 5-mile radius, reflecting a 60% growth rate in the last decade. Traffic counts exceed 22,500 vehicles on Virginia Parkway. The property has 3 years remaining on an existing NNN lease, with 2% annual increases and a personal guaranty. Options to renew are available at the discretion of the landlord. The property is suitable for a preschool or day care, part of a $48 billion industry that is considered internet and recession-proof, providing essential services to working families. There are almost 100,000 households within a 5-mile radius. The property size is 5,945 square feet.