Tierra Encantada | 14450 Marsh Ln
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Tierra Encantada 14450 Marsh Ln
10,641 SF Retail Building Dallas, TX 75234 $5,156,000 ($485/SF) 7.30% Cap Rate
Investment Highlights
- This property presents a rare opportunity to acquire a 10,000+ sq. ft. early education facility for under $5.5MM
- Tierra Encantada has built a strong reputation for success in bilingual early education
- The property is surrounded by a daytime population of over 120,000 people and an average household income of $126,103 within a 5-mile radius
- Lower per-square-foot rents compared to nearby facilities create an operational advantage
- Positioned in the Dallas-Fort Worth metroplex, this property is in an area experiencing substantial population growth
Executive Summary
Tierra Encantada is a leading early education operator having recently partnered with Susquehanna Growth Equity (SGE). Tierra Encantada features a long-term lease with 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. Addison, TX, boasts over 120,000 daytime visitors.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,641 SF
Building Class
B
Year Built/Renovated
1992/2022
Price
$5,156,000
Price Per SF
$485
Cap Rate
7.30%
NOI
$376,410
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
1.72 AC
Frontage
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 10004840011RA0000 | Improvements Assessment | $3,681,150 |
Land Assessment | $943,850 | Total Assessment | $4,625,000 |
PROPERTY TAXES
Parcel Number
10004840011RA0000
Land Assessment
$943,850
Improvements Assessment
$3,681,150
Total Assessment
$4,625,000
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Tierra Encantada | 14450 Marsh Ln
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