The Learning Experience | 9225 Hickory Street
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The Learning Experience 9225 Hickory Street
10,000 SF Retail Building Frisco, TX 75034 $6,518,519 ($652/SF) 6.75% Cap Rate
Investment Highlights
- Absolute Triple Net (NNN) Sale-Leaseback
- Attractive Lease Structure
- Seasoned Operator
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
C
Year Built
2022
Price
$6,518,519
Price Per SF
$652
Cap Rate
6.75%
NOI
$440,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.86 AC
Zoning
F1
Parking
13 Spaces (1.3 Spaces per 1,000 SF Leased)
Frontage
237 FT on Preston Road
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | R-11579-00A-0040-1 | Improvements Assessment | $1,660,167 |
| Land Assessment | $997,218 | Total Assessment | $2,657,385 |
PROPERTY TAXES
Parcel Number
R-11579-00A-0040-1
Land Assessment
$997,218
Improvements Assessment
$1,660,167
Total Assessment
$2,657,385
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The Learning Experience | 9225 Hickory Street
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