7938-7944 Great Northern Blvd | Austin, TX 78757
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- LoopNet Team
7938-7944 Great Northern Blvd
Austin, TX 78757
SPRING EDUCATION GROUP PRIVATE PREP SCHOOL · Specialty Property For Sale
·
38,492 SF
INVESTMENT HIGHLIGHTS
- Relocation Site w/ Proven History and Concept Long Term Corporate Backed Lease Featuring Favorable 2% Annual Rental Increases.
- Densely Populated & Affluent Area: Average Household Income of 106k+ within a 3-Mile Radius and over 304k People Residing within a 5-Mile Radius.
- High Barrier to Entry Market - Demand for Early Education is Growing Rapidly as around 1.6 Million and 4 Million Students were Enrolled in Pre-K.
- w/ FMV Adjustment for Subsequent Options. Complete 2024 Exterior / Interior Renovation. Subject Property is a Pre-K and Elementary Facility.
- Strong Daytime Employment Area - Surrounded by Numerous Established Corporate HQ’s, Business Parks, Regional Office Spaces, Distribution Centers, etc.
- Spring Education Group is a Prominent Network of approximately 230 Private Schools, providing a Comprehensive Range of Educational services.
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 245669 | Improvements Assessment | $2,233,423 |
| Land Assessment | $2,225,000 | Total Assessment | $4,458,423 |
PROPERTY TAXES
Parcel Number
245669
Land Assessment
$2,225,000
Improvements Assessment
$2,233,423
Total Assessment
$4,458,423
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