For Sale
$6,551,229

0 Seq Summer Crk Dr And Sycamore School RdFort Worth, TX 76123

High-Yield, NNN-Leased School Building

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a brand-new, 14,629-square-foot Lightbridge Academy in Fort Worth, Texas. Located on a 1.58-acre lot at the intersection of Summer Creek Drive and Sycamore School Road (zip code 76123), this property boasts a 20-year triple-net (NNN) lease with a corporate guarantee from New Jule Holdings, ensuring minimal landlord responsibilities. The lease commenced upon closing, with an annual rent of $458,586 and built-in 2.00% annual increases. The property, completed in 2024, offers a compelling 7.00% cap rate and 100% occupancy. The lease includes four five-year renewal options, extending the potential lease term to 40 years. This is a turnkey investment in a growing sector, with Lightbridge Academy having over 150 locations across 10 states and operating for over 27 years. All necessary municipal approvals for the early education facility are in place. This is a rare opportunity to acquire a high-performing, low-maintenance asset with significant long-term growth potential. The property is currently 100% occupied.

Highlights

  • Brand-new, 14,629-square-foot Lightbridge Academy in Fort Worth, TX (76123).
  • All necessary municipal approvals obtained for the early childhood education facility.
  • Absolute triple-net (NNN) lease with zero landlord responsibilities.
  • Corporate guarantee from New Jule Holdings for the full lease term.
  • 20-year NNN lease with four, five-year renewal options (potential 40-year lease).
  • Established tenant: Lightbridge Academy, operating for over 27 years with over 150 locations.

Property Details for 0 Seq Summer Crk Dr And Sycamore School Rd

Property type
Specialty properties, Schools
Square Feet
14,629 SF
Year Built
2024
Lot Size (sq. ft)
68,825 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.6318796
Longitude
-97.4075039
Seq Summer Crk Dr And Sycamore School Rd, Fort Worth, Texas

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0 Seq Summer Crk Dr And Sycamore School Rd
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