SEQ Summer Creek Dr & Sycamore School Rd dr - Lightbridge Academy
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SEQ Summer Creek Dr & Sycamore School Rd dr - Lightbridge Academy
14,629 SF Specialty Building Offered at $6,551,229 at a 7% Cap Rate in Fort Worth, TX 76123
Investment Highlights
- This subject investment property is a brand-new Lightbridge Academy and will be sold during construction with a slated completion date in late 2024.
- The investment property is subject to an Absolute Triple Net (NNN) Lease with zero landlord responsibilities.
- The subject property site has received the necessary municipality approvals to build an early education facility.
- Corporate Guarantee from New Jule Holdings for the full term of the lease.
Executive Summary
NNN Pro is pleased to present the exclusive listing for a
Lightbridge Academy located at SEQ Summer Creek and
Sycamore School, Fort Worth, TX 76123. The site consists of
roughly 14,629 rentable square feet of building space on an
estimated 1.58-acre parcel of land. This Lightbridge Academy is
subject to a 20 Years-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$458,586 and has scheduled increases of 2.00% Annually.
Lightbridge Academy located at SEQ Summer Creek and
Sycamore School, Fort Worth, TX 76123. The site consists of
roughly 14,629 rentable square feet of building space on an
estimated 1.58-acre parcel of land. This Lightbridge Academy is
subject to a 20 Years-year Triple Net (NNN) lease which will
commence upon close of escrow. The annual rent will be
$458,586 and has scheduled increases of 2.00% Annually.
Property Facts
| Price | $6,551,229 | Building Class | C |
| Price Per SF | $448 | Lot Size | 1.58 AC |
| Sale Type | Investment | Building Size | 14,629 SF |
| Cap Rate | 7% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2024 |
| Property Subtype | Schools | Parking Ratio | 2.39/1,000 SF |
| Price | $6,551,229 |
| Price Per SF | $448 |
| Sale Type | Investment |
| Cap Rate | 7% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | C |
| Lot Size | 1.58 AC |
| Building Size | 14,629 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 2.39/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,787,841 | Total Assessment | $1,787,841 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,787,841
Improvements Assessment
$0
Total Assessment
$1,787,841
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Power Broker Glen Kunofsky -
Edward Otocka -
Amelia Haydock -
Francis Purritano -
NNN Pro Group
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SEQ Summer Creek Dr & Sycamore School Rd dr - Lightbridge Academy
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