109 Natches TrceCoppell, TX 75019
- Day care centers & nurseries
- 7,803 SF
Property Details for 109 Natches Trce
- Year built
- 1999
- Construction
- FRAME
- Lot size
- 1.40 AC
- Property size (Sq ft)
- 7,803 SF
- Zone code
- Z31
- Property type
- Day care centers & nurseries
- APN
- 18006390010010000
- APU
- 18006390010010000
Description
This exceptional investment opportunity presents a 7,808-square-foot freestanding daycare center in Coppell, Texas, situated on a 1.4-acre lot. The property is currently under a 20-year corporate net lease with Guidepost Montessori, the world's largest Montessori school operator, offering financial stability and growth potential. The lease includes four, 5-year renewal options and features a 7.25% cap rate with a strong net operating income (NOI) of $471,030. The property boasts a 2% annual rent increase, ensuring consistent income growth. Built in 2023, this modern facility is strategically located in the Dallas-Fort Worth MSA, a high-income area with an average household income exceeding $167,333 within a one-mile radius. The property benefits from its proximity to major employers and retailers, ensuring high visibility and strong enrollment. This corporate NNN lease provides a passive income stream with minimal landlord responsibilities, making it an attractive investment for discerning buyers seeking long-term stability and appreciation. The address is 109 Natches Trce, Coppell, TX 75019, within Dallas County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,395,660
- 6.5%
- $1,288,302
- 7%
- $1,196,280
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,082,813
- Geo Method
- $1,079,686
-
Alternative Use
- Use
- Valuation
- Residential
- $1,634,265
- Hospitality
- $1,496,978
- Educational
- $1,245,468
- Medical
- $1,288,302
- Retail
- $1,937,395
Location Insight
- City
- Coppell
- County
- Dallas
- State
- Texas
- Latitude
- 32.9822
- Longitude
- -96.9925
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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