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    OFF-MARKET
    Day care centers

    3099 Frankford Rd, Dallas, TX 75287

    10,089 SF 1.28 ac lot Built 2024
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: a newly constructed, 10,089-square-foot Class A daycare center in North Dallas, Texas. Located at a prominent hard corner on Frankford Rd and President George Bush Turnpike, this single-tenant property boasts a 20-year net-lease with The Learning Experience, commencing October 18, 2024, and expiring October 31, 2044. The property sits on a 1.28-acre lot within a densely populated area featuring high average household incomes exceeding $124,000 within a three-mile radius. The location benefits from exceptional traffic counts exceeding 142,000 vehicles daily. Built in 2024, this one-story building is zoned for Planned Development and offers a strong NOI of $403,560, resulting in a 7.00% cap rate and an asking price of $5,765,143. The surrounding area has a highly educated population, with 46.7% of residents aged 25 and older holding a Bachelor's degree or higher. This presents a compelling investment opportunity with significant long-term potential. The property is situated in a thriving residential area with 157,526 people within a three-mile radius and 30,262 within one mile.

    Property profile
    Verified
    Property type Day care centers
    Year built 2024
    Total area 10,089 SF
    Lot 1.28 ac (55,757 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
    Current use
    Occupant on record · Public records
    • The Learning Experience - Dallas - Frankford Daycare Center
    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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