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Single-Tenant Vacant-User

Child Care Facility-7417 Davis Blvd

7417 Davis Blvd, North Richland Hills, TX 76182

Listing Price: $1,850,000

Tenant Name
Tenant
Years Remaining On Lease
0.6
Gross SF
8,900
Guarantor
No Guarantee
Rentable SF
8,900
Price/Gross SF
$207.87
Lease Type
Gross Lease

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer exclusively for sale, a fee simple ownership interest of a child care facility located at 7417 Davis Boulevard in North Richland Hills, Texas. The 8,900-square-foot child care facility sits on a 2.24-acre lot, and the building features nine classrooms, 11 restrooms, office space, kitchen, teacher's lounge, and two playgrounds with a license for 160 children. There's two ingress/egress to reach the building; Starnes Road with 8,213 vehicles per day and Davis Boulevard with 33,788 vehicles per day. The facility is currently occupied by a child care operator and pays $13,717.33/month. The lease expires on December 31, 2022, and the tenant will vacate at the end of the term. North Richland Hills is a city located in Tarrant County, 15 miles northeast from downtown Fort Worth, 31 miles northwest from downtown Dallas, and 13 miles away from the Dallas Fort-Worth International Airport. The surrounding area presents strong demographics, serving a three-mile population of approximately 103,456 residents with an average household income of $136,640. The offering is ideal for an owner-operator to occupy a facility in a dense residential neighborhood in the Dallas/Fort Worth metroplex.

Investment Highlights

  • Approximately 8,900 Square-Foot Child Care Facility on a 2.24-Acre Lot
  • Built as a Child Care Facility; Can Be Converted to Different Uses: Medical Office
  • Current Tenant will Operate until the End of December 31, 2022
  • Licensed for 160 Children with Nine Classrooms
  • Dense Residential Presence with Close Proximity to Local Schools
  • Strong Demographics with a Population of 103,456 Residents Making an Average Household Income of $136,640 Within a 3-Mile Radius

Exclusively Listed By

Single-Tenant Vacant-User

Child Care Facility-7417 Davis Blvd

Listing Price: $1,850,000

Tenant Name
Tenant
Years Remaining On Lease
0.6
Gross SF
8,900
Guarantor
No Guarantee
Rentable SF
8,900
Price/Gross SF
$207.87
Lease Type
Gross Lease

Investment Highlights

  • Approximately 8,900 Square-Foot Child Care Facility on a 2.24-Acre Lot
  • Built as a Child Care Facility; Can Be Converted to Different Uses: Medical Office
  • Current Tenant will Operate until the End of December 31, 2022
  • Licensed for 160 Children with Nine Classrooms
  • Dense Residential Presence with Close Proximity to Local Schools
  • Strong Demographics with a Population of 103,456 Residents Making an Average Household Income of $136,640 Within a 3-Mile Radius

Investment Overview

Marcus & Millichap Real Estate Investment Services is pleased to offer exclusively for sale, a fee simple ownership interest of a child care facility located at 7417 Davis Boulevard in North Richland Hills, Texas. The 8,900-square-foot child care facility sits on a 2.24-acre lot, and the building features nine classrooms, 11 restrooms, office space, kitchen, teacher's lounge, and two playgrounds with a license for 160 children. There's two ingress/egress to reach the building; Starnes Road with 8,213 vehicles per day and Davis Boulevard with 33,788 vehicles per day. The facility is currently occupied by a child care operator and pays $13,717.33/month. The lease expires on December 31, 2022, and the tenant will vacate at the end of the term. North Richland Hills is a city located in Tarrant County, 15 miles northeast from downtown Fort Worth, 31 miles northwest from downtown Dallas, and 13 miles away from the Dallas Fort-Worth International Airport. The surrounding area presents strong demographics, serving a three-mile population of approximately 103,456 residents with an average household income of $136,640. The offering is ideal for an owner-operator to occupy a facility in a dense residential neighborhood in the Dallas/Fort Worth metroplex.

Exclusively Listed By

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