3550 Clay Mathis Rd Mesquite, TX 75181-2988

Property Details for 3550 Clay Mathis Rd

Year built

2008

Construction

FRAME

Lot size

2.01 lot acres

Property size

13,078 SF

Zone code

Z237

Property type

Day care centers

APN

380875800B0010000

APU

380875800B0010000

Description

This exceptional investment opportunity presents a 13,469 square foot daycare center in Mesquite, TX, boasting a 15-year triple-net (NNN) lease with a corporate guarantee from Fractal Education Group, a rapidly expanding 9-unit operator in Texas. The property, built in 2008 and extensively renovated in 2022, features a two-story indoor play gym, arcade room, and computer lab, attracting a substantial after-school program. Located at 3550 Clay Mathis Road, this center enjoys a prime location within a 5-mile radius of 17 elementary schools, a population of 119,668, and an average household income of $91,606. The 2.01-acre lot houses the largest and highest-revenue childcare center in its immediate area, holding a Texas Rising Star (TRS) 4-star accreditation and operating under the same brand since 2008. The lease includes 3% annual rent bumps and two 5-year renewal options, ensuring long-term stability and significant returns. The asking price is $6,957,864, representing a 6.50% cap rate and a price per square foot of $516.58, with a current NOI of $452,260 and 100% occupancy. The property's proximity to Talia Mesquite, a new master-planned community, and its location 15 minutes east of Dallas and 40 miles from DFW Airport further enhance its investment appeal. This is a secure, high-performing asset with substantial growth potential within a thriving market.

Location Insight

City

Mesquite

County

Dallas

State

Texas

Longitude

-96.5351

Latitude

32.7256

CBSA code

19100

CBSA name

DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments