Single-Tenant Childcare
For Sale
Contact for pricing
Pending
1838 FM359, Richmond, TX 77406
Built in 2020, this purpose-built childcare center is leased under a 20-year roof warranty with tenant-run operations.
Property Size10,000 SF
Lot Size1.05 Acres
Days on Market111
Property Features for 1838 FM359
General Information
Standard status
Pending
Size
10,000 SF
Lot size
1.05 Acres
Property subtype
Industrial, Retail
Additional Details
Cap Rate
7.65%
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
Westwood Net Lease Advisors LLC
(314) 563-2206
Listed By:
Jason Simon · License #MO 2009030132
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Aug 12 at 11:29AM
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 Westwood Net Lease Advisors LLC
Investment Insights
Based on property information with market context.
The Learning Experience in Richmond, Texas is a custom-built childcare facility constructed in 2020, offering a strong, purpose-designed environment for early education. The property is operated by TLE at Richmond-Pecan Grove, LLC under a NNN structure with minimal landlord responsibilities. A transferable 20-year roof warranty is included, supporting long-term building durability and reduced maintenance obligations. The current lease runs through June 2036 and includes multiple rental escalations plus extension options.
The 10,000 SF center sits on 1.05 acres at 1838 FM359. The surrounding area is supported by established and planned residential communities and is anchored by a mix of national and regional retailers, including McDonald’s, Circle K, Shell, Ace Hardware, Starbucks, Subway, and Randall’s.
This offering is positioned as a stable, long-term investment with a five-year operating history at the location and an established childcare operator in place.
The 10,000 SF center sits on 1.05 acres at 1838 FM359. The surrounding area is supported by established and planned residential communities and is anchored by a mix of national and regional retailers, including McDonald’s, Circle K, Shell, Ace Hardware, Starbucks, Subway, and Randall’s.
This offering is positioned as a stable, long-term investment with a five-year operating history at the location and an established childcare operator in place.
Key Highlights
- Built in 2020 custom‑designed childcare center totaling 10,000 SF on 1.05 acres
- Includes transferable 20‑year roof warranty
- Tenanted by TLE at Richmond‑Pecan Grove, LLC under a NN lease with minimal landlord responsibilities
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 77406, TX
58,703
Population
22,096
Households
2.7
Avg Household Size
37
Median Age
49%
College-Educated
95%
High-School Grad
57.6 sq mi
ZIP Area
1,019
Density / Sq Mi
$143,023
Median Household Income
$65,609
Median Earnings
$1,986
Median Rent
$383,400
Median Home Value
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Similar Off Market Nearby
- Champions at International Leadership of Texas - Richmond — 1120 FM359, Richmond, TX 77406
- Discovery Early Learning Center — 2438 Windmill Dr, Richmond, TX 77406
Frequently Asked Questions
What type of property is this?
Day care center - Built in 2020, this purpose-built childcare center is leased under a 20-year roof warranty with tenant-run operations.
Where is this day care center located?
The property is located at 1838 FM359 Richmond, TX.
What are key features of this property?
This property features: Built in 2020 custom‑designed childcare center totaling 10,000 SF on 1.05 acres; Includes transferable 20‑year roof warranty; Tenanted by TLE at Richmond‑Pecan Grove, LLC under a NN lease with minimal landlord responsibilities
