3099 Frankford Rd Dallas, TX 75287
- Day care centers
- 10,089 SF
- 1.28 lot acres
Current Use by Public Records
- The Learning Experience - Dallas - Frankford / Preschool / Private Educational Institution
Property Details for 3099 Frankford Rd
- Year built
- 2024
- Lot size
- 1.28 lot acres
- Property size
- 10,089 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Denton
- State
- Texas
- Longitude
- -96.8607
- Latitude
- 32.9971
