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OFFERING SUMMARY

  • Location: Keller, TX (Fort Worth MSA)
  • Address: 8801 Ray White Road Keller, TX 76244
  • Price: $3,490,000
  • Cap Rate: 7.50%
  • Building SF: 7,600 Sq Ft
  • Net Operating Income: $261,680
  • Year Built: 2009
  • Lot Size: +/- 1.10 Acres

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Marketing Package

EXCLUSIVELY LISTED BY:

DOMINIC SULO

Senior Managing Director Investments

INVESTMENT HIGHLIGHTS:

  • Excellent DFW Location
    – Income tax free state
    – Convenient location for families near local elementary and middle schools
    – Average 1 mile household income over $135,000
  • Net Lease Investment with Limited Landlord Responsibilities
    – Recent roof replacement
    – Built-To-Suit for The Goddard School
  • The Goddard School – Largest For Profit Early Education Franchise
    – Multi-Site operator
    – The Goddard School brand has been in operation for 30+ years.
    – 2024 Entrepreneur Franchise 500 ranks Goddard #68 for its franchise rankings.
    – Goddard serves children as young as 6 weeks old to 6 years old
  • Demand for Daycare Remains Extremely Strong
    – The U.S. childcare market size was valued at USD 60.4 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 4.18% from 2023 to 2030.
    – The key factor driving the growth is the rising demand for early daycare & education services with more parents returning to working in offices, the rising number of single & working mothers, advancements in learning technologies for children, and the accessibility of government funding.
    – The expenditure on daycare in the U.S. is very high. As per the cost of care survey facilitated by the U.S. Department of Health and Human Services, the expenditure on these services reached up to 7% of the household income in 2021.
    – Families in the U.S. are willing to spend more on childcare services, indicating the high service demand in the U.S.