929 College Ave Forney, TX
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NNN leased Cadence Academy with favorable escalators in Forney, TX.
Type:RETAIL
Property size:
14,924 SFLot size:
3.84 AcresPrice / SF:
$327/SF- Added:
- Apr 9, 2025
- Days on Market:
- 383
- Last Refresh:
- Apr 5 at 9:50 pm
Property Features for 929 College Ave
General Information
- Standard status
- Active
- Size
- 14,924 SF
- Lot size
- 3.84 Acres
- Property subtype
- RETAIL
Listing agent Seth Krepistman (512) 543-7437
Listing office Sands Investment Group (SIG) | Austin (512) 543-7437
Listing date Apr 9, 2025
Source Moodyscre
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 Sands Investment Group (SIG) | Austin
Overview
Cadence Academy Forney Investment Opportunity
This 14,924 square foot NNN asset is located at 929 South FM 741 in Forney, TX. The property is occupied by Cadence Academy, one of the largest private childcare providers in the United States, with over 30 years of operating history and more than 300 locations. The lease has 9 years remaining on the initial term, with favorable 2% annual rent escalators, providing for a secured investment. The surrounding area has an average household income of $95,988 and a population of 179,150 residents within a 10-mile radius. There are 11 feeder elementary schools within a 5-mile radius. Forney is a suburb of Dallas-Fort Worth, located 45 minutes east of Dallas Fort Worth International Airport (DFW).
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Places Nearby
- Forney Florist — 231 S Farm to Market 548, Forney, TX 75126
Location Insight
- Map
- Local Demand
- City
- Forney
- County
- Kaufman
- State
- Texas
- Longitude
- -96.451
- Latitude
- 32.7342
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - NNN leased Cadence Academy with favorable escalators in Forney, TX.
Where is this storefront property located?
The property is located at 929 College Ave Forney, TX.
What is the asking price?
The asking price for this property is $4,886,924.
What are key features of this property?
This property features: NNN lease with 9 years remaining, providing a secured investment.; Favorable 2% annual rent escalators.; Tenant is Cadence Education, a large childcare provider with 30+ years of operating history.
