The Learning Experience
Fort Worth, TX
Key Details
| Price: | $5,642,857 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $395,000 |
| Address: | 7345 Canyon Park Drive, Fort Worth, Texas 76123 |
| Property Type: | Specialty |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 4/1/2023 |
| Lease Expiration: | 3/31/2038 |
| Lease Term Remaining: | 13.5 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 1.26 Acres |
| Building Size: | 10,000 SF |
| Year Built: | 2023 |
NNN Pro is pleased to present the exclusive listing for a The Learning Experience located at 7345 Canyon Park Drive, Fort Worth, Texas 76123. The site consists of roughly 10000 rentable square feet of building space on an estimated 1.26-acre parcel of land. This The Learning Experience is subject to a 15-year Double Net (NN) lease, which commenced 4/1/2023. The current annual rent is $395,000 and has scheduled increases of 10.00% Every 5 Years.
About the Investment
- Robust Demographics | Approximately 200,000 Individuals Reside within a Five-Mile Radius of the Subject Property
- Affluent Suburban Community | Average Household Income Exceeds $94,000 for Homes within One Mile of the Subject Property
- Strategic Asset Positioning | Property is Located Less than 0.5 Miles from a Walmart Neighborhood Market (1.4 Million Annual Visitors According to Placer.AI)
- Median Age within a Five-Mile Radius is 36.1 | Ideal for Early Education
- Compelling Business Incentives | Property is Located in the Income Tax-Free State of Texas
Key Details
| Price: | $5,642,857 |
|---|---|
| Cap Rate: | 7.00% |
| Annual Rent: | $395,000 |
| Address: | 7345 Canyon Park Drive, Fort Worth, Texas 76123 |
| Property Type: | Specialty |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 4/1/2023 |
| Lease Expiration: | 3/31/2038 |
| Lease Term Remaining: | 13.5 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Lot Size: | 1.26 Acres |
| Building Size: | 10,000 SF |
| Year Built: | 2023 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
James Westerberg
jwesterberg@nnnpro.com
License: NY: 10401304686
Luke Babcock
lbabcock@nnnpro.com
License: NY: 10401387024
Broker of Record
Brian Brockman
Bang Realty-Texas, Inc
License: 701472
Related Listings
Loading...
EquipmentShare
1761 U.S. 271, Gladewater, Texas 75647
PRICE$3,042,962
CAP RATE6.65%
Loading...
Alliance Animal Health
520 West Broadway Avenue, Portland, Texas 78374
PRICE$627,692
CAP RATE6.50%
Loading...
Parachute Plasma
928 North Highway 123 Bypass, Seguin, Texas 78155
PRICE$4,194,497
CAP RATE6.75%
Loading...
Main Street Auto
2057 FM 2657, Copperas Cove, Texas 76522
PRICE$3,785,714
CAP RATE7.00%
This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.