120 Baize Blvd Hickory Creek, TX 75065
High-yield, 15-year NNN lease, I-35 frontage.
Property size:
10,000 SFDescription
- Added:
- Dec 11, 2024
- Days on Market:
- 364
Property Features for 120 Baize Blvd
General Information
- Property type
- Day care centers
- Square Feet
- 10,000 SF
- Class
- A
Building Details
- Year Built
- 2023
- Buildings
- 1
- Stories
- 1
- Units
- 1
HighLights
- 10,000 SF daycare center in Hickory Creek, TX, with a 15‑year NNN lease to The Learning Experience, including corporate guarantee.
- $5,440,000 asking price ($544/SF), with a current NOI of $340,000 (6.25% cap rate) and pro‑forma NOI of $367,200 (6.75% cap rate).
- Prime I‑35 frontage location in high‑growth Denton County, offering excellent visibility and accessibility.
- Strong local demographics: Average household income over $120,000 within a 1‑mile radius, and over 145,000 population within a 5‑mile radius.
- Minimal landlord responsibilities, resulting in significant free cash flow and strong returns.
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
Map
- City
- Hickory Creek
- County
- Denton
- State
- Texas
- Longitude
- -97.0366999
- Latitude
- 33.1212767
Nearby Comparable
FAQs
What type of property is this?
Day care center - High-yield, 15-year NNN lease, I-35 frontage.
Where is this day care center located?
The property is located at 120 Baize Blvd Hickory Creek, TX.
What is the asking price?
The asking price for this property is $5,440,000.
What are key features of this property?
This property features: 10,000 SF daycare center in Hickory Creek, TX, with a 15-year NNN lease to The Learning Experience, including corporate guarantee.; $5,440,000 asking price ($544/SF), with a current NOI of $340,000 (6.25% cap rate) and pro-forma NOI of $367,200 (6.75% cap rate).; Prime I-35 frontage location in high-growth Denton County, offering excellent visibility and accessibility.
