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Little Blessings Daycare - Tyler, TX 5330 New Copeland Rd

10,417 SF 100% Leased Retail Building Tyler, TX 75703 $2,455,172 ($236/SF) 7.25% Cap Rate

Investment Highlights

  • Little Blessings Daycare Has Been Operating Since 2008 With 16 Units in Louisiana and Texas
  • Tyler is Less Than a 2 Hour Drive to Dallas, the Third Largest City in Texas, or Shreveport, the Third Most Populous City in the Louisiana
  • 15-Year Triple Net (NNN) Lease and Zero Landlord Responsibilities
  • This Location Has Been Operating Since 2010
  • A 20 Minute Drive to Tyler Pounds Regional Airport Serving 150,000 Passengers Per Year
  • Average Household Income of $98,400 and a Population of 102,660 Residents Within 5-Miles

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,417 SF Little Blessings Daycare Located at 5330 New Copeland Road in Tyler, TX. This Deal Includes a 15-Year Triple Net (NNN) Lease Having Zero Landlord Responsibilities. Little Blessings Daycare Has Been Operating Since 2008 With 9 Units in Louisiana and Are Now Expanding Into the Texas Market, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,417 SF
Building Class
B
Year Built
2017
Price
$2,455,172
Price Per SF
$236
Cap Rate
7.25%
NOI
$178,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Land Acres
3.12 AC
Zoning
R-1A

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Little Blessings Daycare
  • Educational Services
  • 10,417 SF
  • $17.09
  • Triple Net
  • Aug 2039
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Little Blessings Daycare Educational Services 10,417 SF $17.09 Triple Net Aug 2039

Nearby Major Retailers

Applebee's
Freebirds World Burrito
Happy Lemon
Jason's Deli
Olive Garden
Natural Grocers
Starbucks
Chicken Salad Chick
Longhorn Steakhouse
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1-00000-0636-00-004010
Land Assessment
$274,319
Improvements Assessment
$423,490
Total Assessment
$697,809
  • Listing ID: 32927965

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 5330 New Copeland Rd, Tyler, TX 75703

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