15054 State Hwy 71 Bee Cave, TX 78738
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High-yield, NNN-leased daycare center.
Property size:
10,000 SFProperty Features for 15054 State Hwy 71
General Information
- Property type
- Day care centers
- Square Feet
- 10,000 SF
- Lot Size
- 87,120 SF
Listing Agency: Colliers Listing Agent: Eric Carlton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a 10,000-square-foot, single-tenant net-leased daycare center in Bee Cave, Texas. The property, situated on a 2-acre lot at 15054 State Hwy 71, boasts a prime location with high visibility on a major thoroughfare (23,930 vehicles per day) and proximity to several schools, including Lake Travis High School, Bee Cave Middle School, and Bee Cave Elementary School (combined enrollment exceeding 5,300 students). The tenant, The Learning Experience, a nationally recognized leader in early childhood education, occupies the entire space under a 15-year lease commencing July 1, 2024, and expiring June 30, 2039, with a remaining term of approximately 14.6 years. The lease includes two 5-year option periods and features approximately 12% rent increases every 5 years. Landlord responsibilities are limited to roof and structure maintenance. The property's strong financial performance is reflected in its 6.35% cap rate and a net operating income (NOI) of $375,000, with an asking price of $5,905,000 ($590.50 per square foot). This represents a new construction, 2024 prototype building with a 15-year roof warranty. The property's location in the affluent Austin suburb of Bee Cave (average household income $209,706) within one of Texas's fastest-growing metropolitan areas, offers significant long-term growth potential and inflation-resistant cash flow. The property's APN is 0118770218. This is a rare opportunity to acquire a high-quality, net-leased investment with a strong tenant and significant upside potential.
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
Map
- City
- Bee Cave
- County
- Travis
- State
- Texas
- Longitude
- -97.9786288
- Latitude
- 30.3169326
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FAQs
What type of property is this?
Day care center - High-yield, NNN-leased daycare center.
Where is this day care center located?
The property is located at 15054 State Hwy 71 Bee Cave, TX.
What is the asking price?
The asking price for this property is $5,905,000.
What are key features of this property?
This property features: Brand new 15-year corporate lease with The Learning Experience, a leading childcare provider with 480+ locations.; High-profile, 2-acre site on Hwy 71 in a densely populated, rapidly growing residential area.; Corporate guarantee of $750,000 over six years; tenant is a subsidiary of Golden Gate Capital ($19B+ market cap).
