STREAM Capital Partners > Properties > All Properties > Prescolaire Early Learning Academy

Prescolaire Early Learning Academy

Net Lease

7402 Grand Mission Blvd., Richmond, Texas
Ownership Type:
Fee Simple
Price:
$2,545,455
Cap Rate:
8.25%
Current Rent:
$210,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 3.5+ years
Renewal Options:
Two, 5-year options
Building Sq. Ft.:
10,000 SF
Rent Increases:
9% Each Option
Site Size:
1.36 Acres

Investment Highlights

  • Limited Landlord Responsibilities: Tenant is responsible for taxes, insurance, and all maintenance obligations, Landlord responsible for Structural components only.
  • Hedge Against Inflation: The lease features a rare 9% rent escalator in each option period, providing strong built-in income growth and an effective hedge against inflation over the long term.
  • No State Income Tax: Texas’ no state income tax structure enhances after-tax returns for investors, improving overall yield and long-term investment efficiency.
  • Strong Demographics & Population Density: The property is supported by approximately 123,000+ residents within a 3-mile radius and an average household income of $100,726, providing a dense and stable consumer base.
  • Strong Development Activity: The surrounding 60-acre trade area continues to experience ongoing expansion, with national users such as H-E-B and nearby Amazon distribution facilities underscoring strong institutional confidence and long-term growth in the corridor.
  • High Demand: Childcare services are experiencing strong and sustained demand in Texas, driven by continued population growth and an influx surrounding master-planned development such as Grand Mission Estates and Grand Vista Lakes.
  • Established Childcare Company: Prescolaire Learning Academy serves the surrounding Richmond community as an early childhood education provider, benefiting from strong local demand driven by rapid residential growth and expanding master-planned communities in the area.
Ownership Type:
Fee Simple
Price:
$2,545,455
Cap Rate:
8.25%
Current Rent:
$210,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 3.5+ years
Renewal Options:
Two, 5-year options
Building Sq. Ft.:
10,000 SF
Rent Increases:
9% Each Option
Site Size:
1.36 Acres

Listing Agents

Dorothy Lee

Vice President
626.236.3823[email protected]

Broker of Record: Kyler Bean, Lic. MS – #646910

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