15054 State Hwy Bee Cave, TX 78738
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.