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Cadence Academy - Forney, TX 929 College St 14,924 SF Retail Building Forney, TX 75126 $4,886,924 ($327.45/SF) 6.75% Cap Rate

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INVESTMENT HIGHLIGHTS

Cadence Education is One of the Largest Private Childcare Providers in the United States With 30+ Years of Operating History & More Than 300 Locations
9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
11 Feeder Elementary Schools Within a 5-Mile Radius

Forney, a Suburb of Dallas-Forth Worth, is Located 45 Minutes East of Dallas Fort Worth International Airport (DFW)
Average Household Income of $95,988 and a Population of 179,150 Residents Within a 10-Mile Radius

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,924 SF Cadence Academy Located at 929 South FM 741 in Forney, TX. This Deal Includes 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Austin, LLC - Lic. #9004706 BoR: Max Freedman - Lic. TX #644481

PROPERTY FACTS

Sale Type

Investment

Property Type

Retail

Property Subtype

Day Care Center

Building Size

14,924 SF

Building Class

Year Built/Renovated

2004/2007

Price

$4,886,924

Price Per SF

$327.45

Cap Rate

6.75%

NOI

$329,867

Tenancy

Single

Building Height

1 Story

Building FAR

0.04

Lot Size

8.85 AC

Parking

71 Spaces

Frontage

471’ on South Bois D Arc Street

PROPERTY TAXES

Parcel Number	23732	Improvements Assessment	$1,934,061
Land Assessment	$873,667	Total Assessment	$2,807,728

PROPERTY TAXES

Parcel Number

23732

Land Assessment

$873,667

Improvements Assessment

$1,934,061

Total Assessment

$2,807,728

(512) 543-7437

CONTACTS

Seth Krepistman
Jason May
Clifton McCrory
Michael Gonzalez
Max Freedman
Sands Investment Group Austin, LLC

Listing ID: 35422225
Date on Market: 4/9/2025
Last Updated:
Address: 929 College St, Forney, TX 75126

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