1140 Campbell Rd Richardson, TX 75080-2943

Exceptional investment opportunity: A 10,866 square foot freestanding Guidepost Montessori school in Richardson, Texas, is available for purchase. This property boasts a 20-year absolute NNN lease with a reputable tenant, featuring 2% annual rent bumps. The lease is guaranteed by Higher Ground Education (HGE), a financially strong corporate school operator. Guidepost Montessori, the world's largest Montessori school operator with over 150 locations, occupies the building. The property, renovated in 2024, sits on a 1.2-acre lot with 39 parking spaces. Located at 1140 W Campbell Rd, Richardson, TX 75080, it benefits from excellent demographics, including proximity to the University of Texas at Dallas and a high concentration of affluent families. The property offers a 7.15% cap rate and a strong NOI of $566,100, with a sale price of $7,917,000 ($728.60/sq ft). The lease includes four, 5-year renewal options. This investment presents a compelling opportunity due to the tenant's financial strength, long-term lease, and favorable location within the rapidly growing Dallas-Fort Worth MSA, home to a significant concentration of Fortune 500 companies. The tenant's impressive growth trajectory, including a 235% increase in unit-level enrollments since March 2020, further underscores the investment's potential.