Boardwalk Montessori - Melissa, TX
11,000 SF | 100% Leased | Retail Building | Melissa, TX 75454 | $7,978,571 ($725/SF) | 7% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $7,978,571
- Property Type
-
Retail
- Square Feet
- 11,000 SF
- Price / Square Foot
- $725
Listing Contacts
Connor Brady
Verified Profile
Seth Krepistman
Verified Profile
Elan Sieder
Verified Profile
Max Freedman
Verified Profile
- Property Info
Property Overview
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,000 SF Boardwalk Montessori Located at Corner of Milrany Lane & Karnaghan Lane in Melissa, TX. This Deal Includes a Brand New 2024 Construction With a 15-Year Triple Net Lease and Zero Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481
Property Details
- Year Built
- 2024
- Stories
- 1
- Property Subtype
- Day Care Facility/Nursery, Refrigeration/Cold Storage, Loft/Creative Space
- Lot Size (sq. ft)
- 75,794 SF
Highlights
- Boardwalk Montessori is an Experienced Multi-Unit Operator in the State of Texas
- Melissa is Located 40-Miles Northeast of Dallas and Crosses 3 State Highways - Hwy 75, Hwy 5 and Hwy 121
- 2024 New Construction With a 15-Year Triple Net Lease and Zero Landlord Responsibilities
- Average Household Income of $119,754 and a Population of 36,683 Residents Within a 5-Mile Radius
- 6 Elementary Feeder Schools Within a 5-Mile Radius
- Melissa Independent School District is a 5A District That Ranks in the Top 10 ISD’s in Texas With a Multi-Million-Dollar Football Stadium
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