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OFF-MARKET
Specialty properties

7345 Cyn Park Dr Fort Worth, TX 76123

15,000 SF 1.26 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple ownership of a 15,000-square-foot school building in Fort Worth, Texas. Located at 7345 Canyon Park Dr, 76123, this property sits on a 1.26-acre lot and boasts a 7.00% cap rate with a strong NOI of $395,000. The property is currently 100% occupied under a 15-year, Double Net (NN) lease with a corporate guarantee, commencing April 1, 2023, and expiring March 30, 2038. The lease includes built-in rental increases of 10% every five years, providing significant long-term growth potential. The minimal landlord responsibilities inherent in the NNN lease structure further enhance the investment's appeal. Built in 2023, this property offers a secure, long-term investment with a total potential lease term of 25 years, thanks to two, five-year options. The asking price is $5,642,857, translating to a price per square foot of $376.19. This is a rare opportunity to acquire a high-quality, income-producing asset with substantial upside potential in a desirable Fort Worth location.

Property profile
Verified
Property type Specialty properties
Year built 2023
Total area 15,000 SF
Lot 1.26 ac (54,886 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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