1252 Holland RdMansfield, TX 76063

  • Day care centers & nurseries
  • 10,000 SF
For Sale
$4,310,000 View listing

Property Details for 1252 Holland Rd

Year built
2017
Lot size
1.48 AC
Property size (Sq ft)
10,000 SF
Property type
Day care centers & nurseries
APN
24369-2-6
APU
2436926

Description

This exceptional investment opportunity presents a 10,000-square-foot daycare center in Mansfield, Texas, operating under a long-term net lease with The Learning Experience, a nationally recognized brand. The property, built in 2017 and situated on a 1.48-acre lot at 1252 N Holland Rd, boasts a strong NOI of $308,000 and a compelling 7.15% cap rate. The lease, commencing March 13, 2016, and expiring March 31, 2031, includes rent increases of 12% every five years, with the next increase scheduled in a year and a half. This prime location benefits from high visibility at the intersection of N Holland and E Broad St, directly off the tollway, experiencing over 19,000 vehicles per day. The property enjoys excellent retail synergy, surrounded by established businesses including McDonald's, Chick-fil-A, Starbucks, Wendy's, Whataburger, Denny's, Chase Bank, CVS, Market Street, and Kroger. The asking price is $4,310,000, representing a secure and profitable investment in a thriving market. This is a rare opportunity to acquire a well-established, high-performing daycare center with a proven track record and significant growth potential. The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any investment portfolio.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,705,177
    6.5%
    $1,574,010
    7%
    $1,461,581
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,293,192
    Geo Method
    $3,442,985
  • Alternative Use

    Use
    Valuation
    Residential
    $1,996,698
    Hospitality
    $1,828,964
    Educational
    $1,521,677
    Medical
    $1,574,010
    Retail
    $2,367,053

Location Insight

City
Mansfield
County
Tarrant
State
Texas
Latitude
32.5811
Longitude
-97.0744
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$46,078
$515,402
$2,350,808
$2,866,210
-
$515,402
$2,350,808
$2,866,210

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