12152 Shadow Crk Pkwy Pearland, TX 77584-7287

This exceptional investment opportunity presents a 15,832 square foot daycare center, Kid City USA, located at 12152 Shadow Creek Parkway in Pearland, Texas, 77584. The property boasts a strong 14-year remaining lease term (commencing October 1, 2023, and expiring October 31, 2038) with two 5-year renewal options, ensuring long-term stability. The lease is a triple-net (NNN) agreement, meaning zero landlord responsibilities. The tenant, Kid City USA, provides a corporate guarantee, mitigating risk. The property sits on a 1.5-acre lot and was built in 2016. The asking price is $5,440,000, representing a compelling $343.61 per square foot and a 7.50% cap rate based on a current Net Operating Income (NOI) of $408,000. Rent increases are built in with 2% annual bumps. The property enjoys 100% occupancy. The location benefits from a strong demographic profile, including an average household income of $117,280 and a population of 220,797 within a 5-mile radius, supported by 15 elementary feeder schools within the same area. Pearland is a thriving suburb south of Houston, conveniently located approximately 35 miles from George Bush Intercontinental Airport (IAH). Kid City USA has a proven track record with over 20 years in business and 127 locations. This presents a secure and lucrative investment opportunity in a high-growth area.