3099 Frankford RdDallas, TX 75287

Property Details for 3099 Frankford Rd

Year built

2024

Lot size

1.28 AC

Property size (Sq ft)

10,089 SF

Property type

Day care centers & nurseries

Property subtype

Retail properties

Description

Exceptional investment opportunity: a newly constructed, 10,089-square-foot Class A daycare center in North Dallas, Texas. Located at a prominent hard corner on Frankford Rd and President George Bush Turnpike, this single-tenant property boasts a 20-year net-lease with The Learning Experience, commencing October 18, 2024, and expiring October 31, 2044. The property sits on a 1.28-acre lot within a densely populated area featuring high average household incomes exceeding $124,000 within a three-mile radius. The location benefits from exceptional traffic counts exceeding 142,000 vehicles daily. Built in 2024, this one-story building is zoned for Planned Development and offers a strong NOI of $403,560, resulting in a 7.00% cap rate and an asking price of $5,765,143. The surrounding area has a highly educated population, with 46.7% of residents aged 25 and older holding a Bachelor's degree or higher. This presents a compelling investment opportunity with significant long-term potential. The property is situated in a thriving residential area with 157,526 people within a three-mile radius and 30,262 within one mile.

Location Insight

City

Dallas

County

Denton

State

Texas

Latitude

32.9971

Longitude

-96.8607

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@paperhouses.co and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@paperhouses.co.