8630 Jones RdJersey Village, TX 77065
- Day care centers & nurseries
- 10,560 SF
Property Details for 8630 Jones Rd
- Year built
- 2023
- Construction
- METAL FRAME
- Lot size
- 1.43 AC
- Property size (Sq ft)
- 10,560 SF
- Property type
- Day care centers & nurseries
- APN
- 1261050010002
- APU
- 1261050010002
Description
This exceptional investment opportunity presents a brand-new, 10,000-square-foot daycare center in Jersey Village, Texas. Located at 8630 Jones Rd, this single-tenant, net-lease property boasts a 20-year lease with The Learning Experience, a nationally recognized and award-winning childcare provider. The building, constructed in 2023, sits on a 1.6-acre lot and enjoys a prime location near the intersection of Jones Rd and Jersey Meadow Dr, benefiting from high traffic counts on Jones Road (49,780 VPD) and proximity to major thoroughfares like Highway 290 (211,152 VPD). The property offers a strong 7.00% cap rate with a current NOI of $385,000 and an asking price of $5,500,000 ($550/sq ft). The lease includes 10% rent increases every five years and a corporate guaranty of $700,000. This is a rare opportunity to acquire a high-performing, low-risk investment in a rapidly growing area of the Houston MSA. The property's strong tenant, long-term lease, and favorable location make it an ideal addition to any diversified portfolio. The 100% occupancy rate further underscores the property's exceptional performance and market demand. This is a fee-simple ownership opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,114,045
- 6.5%
- $1,951,426
- 7%
- $1,812,038
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,794,996
- Geo Method
- $3,635,792
-
Alternative Use
- Use
- Valuation
- Residential
- $2,475,466
- Hospitality
- $2,267,514
- Educational
- $1,886,545
- Medical
- $1,951,426
- Retail
- $2,934,625
Location Insight
- City
- Houston
- County
- Harris
- State
- Texas
- Latitude
- 29.8993
- Longitude
- -95.5837
- CBSA code
- 26420
- CBSA name
- HOUSTON-SUGAR LAND-BAYTOWN, TX METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 [email protected] 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 [email protected].