Kinder Care 6819 Communications Pky 12,000 SF 100% Leased Retail Building Plano, TX 75024 £5,857,675 (£488.14/SF) 6.25% Net Initial Yield
EXECUTIVE SUMMARY
Prime location in the Legacy area of Plano. Flagship KinderCare design. NNN lease with 6 years ish left on primary term plus renewals. KinderCare corporate lease.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,000 SF
Year Built
2018
Price
£5,857,675
Price Per SF
£488.14
Net Initial Yield
6.25%
NOI
£366,105
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.23
Lot Size
1.20 AC
Zoning
CE
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R-10969-00A-0010-1 | Improvements Assessment | £1,399,665 |
| Land Assessment | £1,155,649 | Total Assessment | £2,555,314 |
