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Guidepost Montessori 1140 W Campbell Rd

10,866 SF Retail Building Richardson, TX 75080 $7,917,000 ($729/SF) 7.15% Cap Rate

Retail Space Texas Richardson 1140 W Campbell Rd, Richardson, TX 75080

Investment Highlights

  • 20-year corporate net lease with 2% annual rental increases
  • Guidepost is the largest Montessori school operator in the world, with 150+ locations internationally
  • Dallas-Fort Worth is home to the 4th largest concentration of Fortune 500 companies in the country
  • Lease guaranteed by Higher Ground Education (HGE), a corporate school operator with significant financial backing and an executive team with 20+ years
  • Adjacent to University of Texas – Dallas with 30,000+ students and faculty
  • Excellent residential demographics – over 348,824 residents and average household incomes of $113,269 within a 5-mile radius of the subject property

Executive Summary

A Guidepost Montessori on a 20-year corporate lease with 2% annual rental increases in the Dallas-Fort Worth MSA, which is home to the 4th largest concentration of Fortune 500 companies in the United States. Guidepost is the largest Montessori school operator in the world with 150+ locations and strong financial backing.

Attachments

Guidepost_RichardsonTX

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,866 SF
Building Class
B
Year Built/Renovated
2004/2024
Price
$7,917,000
Price Per SF
$729
Cap Rate
7.15%
NOI
$566,100
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
1.20 AC
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1140 W Campbell Rd, Richardson, TX - aerial map view - Image1
1140 W Campbell Rd, Richardson, TX - aerial map view - Image2
Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Sonny Bryan's Barbecue
Prosperity Bank
Chili's
Rockfish Seafood Grill
Fit Body Boot Camp
Hawaiian Bros Island Grill
Sprouts Farmers Market
Palio’s Pizza Café
WaFd Bank
Tom Thumb

PROPERTY TAXES

Parcel Number 422597000307A0000 Improvements Assessment $1,144,960
Land Assessment $627,260 Total Assessment $1,772,220

PROPERTY TAXES

Parcel Number
422597000307A0000
Land Assessment
$627,260
Improvements Assessment
$1,144,960
Total Assessment
$1,772,220
(415) 274-2715

  • Listing ID: 32669518

  • Date on Market: 8/2/2024

  • Last Updated:

  • Address: 1140 W Campbell Rd, Richardson, TX 75080

The Retail Property at 1140 W Campbell Rd, Richardson, TX 75080 is currently available For Sale. Contact CP Partners CRE for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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1140 W Campbell Rd, Richardson, TX for sale Aerial- Image 1 of 4
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1140 W Campbell Rd, Richardson, TX for sale Aerial- Image 2 of 4
Retail Aerial 2
1140 W Campbell Rd, Richardson, TX for sale Building Photo- Image 3 of 4
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Guidepost Montessori | 1140 W Campbell Rd
(415) 274-2715 x

Guidepost Montessori | 1140 W Campbell Rd

1/2

John Andreini

(415) 274-2715

(415) 274-2715

Kirby Dederian

(415) 274-2700

(415) 274-2700

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