Single-Tenant Day Care
For Sale
Contact for pricing
Pending
1216 East Bethany Drive, Allen, TX 75002
Absolute NNN lease with a corporate guarantee and approximately seven years remaining on the original term.
Property Size11,313 SF
Lot Size1.59 Acres
Days on Market42
Property Features for 1216 East Bethany Drive
General Information
Standard status
Pending
Size
11,313 SF
Lot size
1.59 Acres
Property subtype
Retail
Building Details
Year Built
2009
Buildings
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Dallas
(972) 755-5225
Listed By:
Philip Levy · License #TX 522087
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 11:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Dallas
Investment Insights
Based on property information with market context.
Knowledge Beginnings is an 11,313-square-foot day care facility completed in 2009 and positioned on a 1.59-acre parcel. The property is leased to a single tenant under an absolute NNN structure, with a corporate guarantee from KinderCare Education. Approximately seven years remain on the original lease term, followed by four five-year renewal options. Contractual rent increases occur every five years at the lesser of CPI or seven percent.
The facility occupies the southeast corner of Bethany Drive and South Allen Heights Drive in Allen, Texas. It serves as an out parcel to a Kroger-anchored shopping center, with area retailers including Chase Bank, McDonald’s, Starbucks, Subway, Papa Murphy’s Pizza, and Little Caesars. Traffic counts are approximately 28,000 vehicles per day, and Joe Farmer Recreation Center is located just north of the intersection.
The facility occupies the southeast corner of Bethany Drive and South Allen Heights Drive in Allen, Texas. It serves as an out parcel to a Kroger-anchored shopping center, with area retailers including Chase Bank, McDonald’s, Starbucks, Subway, Papa Murphy’s Pizza, and Little Caesars. Traffic counts are approximately 28,000 vehicles per day, and Joe Farmer Recreation Center is located just north of the intersection.
Key Highlights
- 11,313‑square‑foot day care facility completed in 2009
- 1.59‑acre parcel at the southeast corner of Bethany Drive and South Allen Heights Drive
- Absolute NNN lease with a corporate guarantee from KinderCare Education
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75002, TX
69,939
Population
24,174
Households
2.9
Avg Household Size
38
Median Age
52%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
1,860
Density / Sq Mi
$129,306
Median Household Income
$61,171
Median Earnings
$1,967
Median Rent
$403,800
Median Home Value
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Similar Off Market Nearby
- Natural Heritage Home Child Care — 1208 Heritage Pkwy S, Allen, TX 75002
- Ranch House Montessori — 5302 Berwick Ln, Parker, TX 75002
- Allen Knowledge Beginnings — 1216 E Bethany Dr, Allen, TX 75002
- Cultural Montessori Academy Daycare — 776 Livingston Dr, Allen, TX 75002
- Discovery Montessori Academy, Allen — 601 S Fountain Gate Dr, Allen, TX 75002
Frequently Asked Questions
What type of property is this?
Day care center - Absolute NNN lease with a corporate guarantee and approximately seven years remaining on the original term.
Where is this day care center located?
The property is located at 1216 East Bethany Drive Allen, TX.
What are key features of this property?
This property features: 11,313‑square‑foot day care facility completed in 2009; 1.59‑acre parcel at the southeast corner of Bethany Drive and South Allen Heights Drive; Absolute NNN lease with a corporate guarantee from KinderCare Education
