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NNN-Leased Day Care Center

20817 Westheimer Parkway, Katy, TX 77450

For Sale
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The property is occupied under a long-term triple-net lease with scheduled annual rent increases.

Property Size9,085 SF
Lot Size1.31 Acres
Price / SF$455.90
Days on Market38

Property Features for 20817 Westheimer Parkway

General Information

Standard status Active
Size 9,085 SF
Net Rentable 9,085 SF
Lot size 1.31 Acres
Property subtype Special Purpose

Additional Details

Gross Income $289,933
Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Oct 6 Changed: Nov 9 Last Checked: Nov 12 at 7:24AM

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 SURMOUNT

Rey
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Investment Insights

Based on property information with market context.

The Nest Schools operates in a day care center comprising 9,085 rentable square feet on an estimated 1.31-acre parcel. The property is subject to a 22.5-year triple-net lease that began March 31, 2021, with annual rent increases tied to the lesser of 2% or 1.25 times PCI.

The center is located on Westheimer Parkway in Katy, Texas.

Key Highlights

  • 9,085 rentable square feet on an estimated 1.31‑acre parcel
  • The Nest Schools is the named tenant
  • 22.5‑year NNN lease commenced 3/31/2021

Property Analytics

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Open Analytics

Current Use

Greater Houston Tamil ... High School The Nest Schools Daycare Center Willow Fork Maint ... Landscaping Kadyrn Daycare High School

Suggested Use

Top Pick Law Firm Parking Lot & Garage Pharmacy Auto Parts Store Electrical Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
Balanced
Demand for This Use

Demographics for 77450, TX

72,977
Population
26,259
Households
2.8
Avg Household Size
38
Median Age
53%
College-Educated
95%
High-School Grad
19.7 sq mi
ZIP Area
3,704
Density / Sq Mi
$105,607
Median Household Income
$55,656
Median Earnings
$1,730
Median Rent
$342,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Similar Off Market Nearby

  • temtots acadermy — 20815 Surrey Creek Ct, Katy, TX 77450
  • Alianza Preschool Cinco Ranch — 20660 Westheimer Pkwy, Katy, TX 77450
  • Spanish Learning Castle — 2501 S Mason Rd Suite 290B, Katy, TX 77450
  • Primrose School of Kelliwood — 2402 Westgreen Blvd, Katy, TX 77450

Frequently Asked Questions

What type of property is this?
Day care center - The property is occupied under a long-term triple-net lease with scheduled annual rent increases.
Where is this day care center located?
The property is located at 20817 Westheimer Parkway Katy, TX.
What is the asking price?
The asking price for this property is $4,141,894.
What are key features of this property?
This property features: 9,085 rentable square feet on an estimated 1.31‑acre parcel; The Nest Schools is the named tenant; 22.5‑year NNN lease commenced 3/31/2021
(332) 345-4222 Call to check price and availability
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