For Sale
$6,132,000
3321 Peek Rd Katy, TX 77449
High-yield, NNN-leased childcare center.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Brand-new Lightbridge Academy, slated for completion in late 2024, offered for sale during construction.
- All necessary municipal approvals obtained for early education facility construction.
- Absolute Triple Net (NNN) lease with no landlord responsibilities.
- Corporate guarantee from New Jule Holdings for the full lease term.
- 20-year Absolute Triple Net (NNN) lease with four 5-year renewal options, totaling a potential 40-year lease term.
- Lightbridge Academy, a 27-year-old established brand with over 150 locations, operates within the $50 billion early childhood education industry, projected to grow 1.7% annually.
Property Details for 3321 Peek Rd
- Property type
- Specialty properties, Schools
- Square Feet
- 14,629 SF
- Year Built
- 2024
- Lot Size (sq. ft)
- 83,635 SF
Location Insight
- City
- Katy
- County
- Harris
- State
- Texas
- Latitude
- 29.8216866
- Longitude
- -95.7729158
Nearby Similar for Sale
FAQs
- What type of property is this?
- Specialty property - High-yield, NNN-leased childcare center.
- Where is the specialty property located?
- The property is located at 3321 Peek Rd Katy, TX.
- What is the asking price?
- The asking price for this property is $6,132,000.
- What are key features of this property?
- This property features: Brand-new Lightbridge Academy, slated for completion in late 2024, offered for sale during construction.; All necessary municipal approvals obtained for early education facility construction.; Absolute Triple Net (NNN) lease with no landlord responsibilities.
- How can I contact the broker?
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