The Nest Schools | 7900 Old Tezel Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
The Nest Schools 7900 Old Tezel Rd
12,214 SF Retail Building San Antonio, TX 78250 $6,878,474 ($563/SF) 6.75% Cap Rate
Investment Highlights
- Corporately Operated - 50+ Schools Open Nationally with Plans to Open Over 200 Schools
- Rockbridge Growth Equity Invested in The Nest Schools in 2022 to Accelerate Growth and Create Long-Term, Sustainable Value
- Corporate Lease Signator & Very Strong Personal Guaranties from the Founders of Nest
- Over $3 Million in TI's Completed Including a Brand New Construction 7,872 SF Expansion Building, Renovations to the Existing Building
- Approximately 14 Years Remaining on an Absolute NNN Lease with No Landlord Responsibilities & Above Market 2.5% Annual Increases
- Located in an Income Tax-Free State
Executive Summary
Northmarq is pleased to exclusively offer for sale a single-tenant early education property operating as "The Nest Schools" in San Antonio, Texas. There are approximately 14 years remaining on a corporate, absolute NNN lease with 2.5% annual rental increases and extraordinarily strong personal guaranties from the founders of Nest. The Nest Schools are corporately operated and have 50+ locations currently open with plans to grow to over 200 locations. This location has undergone extensive tenant improvements of around $3 Million, which included a brand new 7,800+ Sq Ft expansion building and playground.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,214 SF
Building Class
B
Year Built
2007
Price
$6,878,474
Price Per SF
$563
Cap Rate
6.75%
NOI
$464,297
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.62 AC
Walk Score ®
Very Walkable (72)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 18308-001-0040 | Improvements Assessment | $787,660 |
| Land Assessment | $250,760 | Total Assessment | $1,038,420 |
PROPERTY TAXES
Parcel Number
18308-001-0040
Land Assessment
$250,760
Improvements Assessment
$787,660
Total Assessment
$1,038,420
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
The Nest Schools | 7900 Old Tezel Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.