Little Blessings Daycare - Alma Dr - Plano 3912 Alma Dr 6,550 SF Retail Building Plano, TX 75023 £1,611,530 (£246.04/SF) 7.25% Net Initial Yield



INVESTMENT HIGHLIGHTS
- Little Blessings Daycare Has Been Operating Since 2008 With 20 Units in Louisiana and Texas
- Plano is 18 Miles North of Dallas in Collin County and Ranks as Texas' Ninth Most Populous City
- 15-Year Triple Net (NNN) Lease and Zero Landlord Responsibilities
- This Location Has Been Operating Since 1978
- A 30 Minute Drive to Dallas Fort Worth International Airport Serving 73 Million Passengers Per Year
- Average Household Income of $123,065 and a Population of 310,725 Residents Within 5-Miles
EXECUTIVE SUMMARY
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,550 SF Little Blessings Daycare Located at 3912 Alma Drive in Plano, TX. This Deal Includes a 15-Year Triple Net (NNN) 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 FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
6,550 SF
Building Class
C
Year Built
1978
Price
£1,611,530
Price Per SF
£246.04
Net Initial Yield
7.25%
NOI
£116,836
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Lot Size
0.91 AC
Zoning
SFR/S-30
Parking
22 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
109 ft on Alma Dr
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Little Blessings Daycare
- Educational Services
- 6,550 SF
- £17.83
- NNN
- Dec 2039
TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
Little Blessings Daycare | Educational Services | 6,550 SF | £17.83 | NNN | Dec 2039 |
NEARBY MAJOR RETAILERS










PROPERTY TAXES
Parcel Number | R-0539-001-0010-1 | Improvements Assessment | £311,336 |
Land Assessment | £209,823 | Total Assessment | £521,159 |