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Single-Tenant Vacant-User

Brand New School Facility in Lewisville

1740 FM 544, Lewisville, TX 75056

Listing Price: $4,950,000

Cap Rate
1.00%
Tenant Name
None
Gross SF
11,343
Guarantor
No Guarantee
Rentable SF
11,343
Price/Gross SF
$436.39
Lease Type
Triple Net (NNN)

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new school located in Lewisville, TX. Situated on the 1.09 Acre lot, the 11,343 SF new facility will be delivered, turn-key for immediate occupancy once completed by end of 2021. The facility offers 11 classrooms with one multi-purpose room, two offices, a conference room, kitchen space with pantry room, staff break room, and includes finished stairways leading to storage and attic. The property is situated on a signalized, hard corner intersection of FM 544, and Old Denton Road with easy access to Sam Rayburn Tollway, one of the major toll roads in Dallas. Castle Hills, an award-winning Bright Realty development on 2,900-acre lot with over 4,300 residential homes surrounds the subject property. Within close proximity is the Crown Center project, newly planned mixed-use development with over three million sf of office space, 2000 multifamily units and hotel. Lewisville is a city in Denton County Texas, located North west of Dallas within the Dallas -Fort Worth Metroplex. Being the 35th largest city in Texas with a 2020 population of 113,76, Lewisville grew at a rapid rate being 13 minutes away from the Dallas Fort Worth International Airport. The average household income of $79,845. Residents and visitors benefit from the close proximity of Lake Lewis. The city adopted the Lewisville 2025 plan in 2014 to foster diversity, economic vitality and expand the community. For more detailed information, please visit https://www.cityoflewisville.com/doing-business/lewisville-2025. The opportunity provides an owner-user to occupy a brand new education facility in a premium location of Lewisville, Texas.

Investment Highlights

  • Approx. 11,343 SF daycare center on 1.09 Acre Lot
  • Building construction is expected to be complete by end of 2021 and delivered turnkey
  • Potential to accommodate +200 students with a total of 12 rooms, including 11 classrooms and 1 multi-purpose room
  • Located on a signalized, hard corner of FM 544 and Old Denton Road with a traffic count of over 22,400 vehicles driving daily
  • Easy access to Sam Rayburn Tollway, one of the major toll roads in Dallas, Texas with over 101,700 vehicles driving daily
  • Located less than a mile away from Castle Hills, an award-winning Bright Realty development on a 2,900-acre lot with over 4,300 residential homes and within close proximity to new plan mixed-use development, Crown Center

Exclusively Listed By

Single-Tenant Vacant-User

Brand New School Facility in Lewisville

Listing Price: $4,950,000

Cap Rate
1.00%
Tenant Name
None
Gross SF
11,343
Guarantor
No Guarantee
Rentable SF
11,343
Price/Gross SF
$436.39
Lease Type
Triple Net (NNN)

Investment Highlights

  • Approx. 11,343 SF daycare center on 1.09 Acre Lot
  • Building construction is expected to be complete by end of 2021 and delivered turnkey
  • Potential to accommodate +200 students with a total of 12 rooms, including 11 classrooms and 1 multi-purpose room
  • Located on a signalized, hard corner of FM 544 and Old Denton Road with a traffic count of over 22,400 vehicles driving daily
  • Easy access to Sam Rayburn Tollway, one of the major toll roads in Dallas, Texas with over 101,700 vehicles driving daily
  • Located less than a mile away from Castle Hills, an award-winning Bright Realty development on a 2,900-acre lot with over 4,300 residential homes and within close proximity to new plan mixed-use development, Crown Center

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a brand-new school located in Lewisville, TX. Situated on the 1.09 Acre lot, the 11,343 SF new facility will be delivered, turn-key for immediate occupancy once completed by end of 2021. The facility offers 11 classrooms with one multi-purpose room, two offices, a conference room, kitchen space with pantry room, staff break room, and includes finished stairways leading to storage and attic. The property is situated on a signalized, hard corner intersection of FM 544, and Old Denton Road with easy access to Sam Rayburn Tollway, one of the major toll roads in Dallas. Castle Hills, an award-winning Bright Realty development on 2,900-acre lot with over 4,300 residential homes surrounds the subject property. Within close proximity is the Crown Center project, newly planned mixed-use development with over three million sf of office space, 2000 multifamily units and hotel. Lewisville is a city in Denton County Texas, located North west of Dallas within the Dallas -Fort Worth Metroplex. Being the 35th largest city in Texas with a 2020 population of 113,76, Lewisville grew at a rapid rate being 13 minutes away from the Dallas Fort Worth International Airport. The average household income of $79,845. Residents and visitors benefit from the close proximity of Lake Lewis. The city adopted the Lewisville 2025 plan in 2014 to foster diversity, economic vitality and expand the community. For more detailed information, please visit https://www.cityoflewisville.com/doing-business/lewisville-2025. The opportunity provides an owner-user to occupy a brand new education facility in a premium location of Lewisville, Texas.

Exclusively Listed By

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