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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
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
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
B
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
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| South Bois d'Arc Street | Shands St, SW | 4,860 | 2025 | 0.11 mi |
| S Bois D'Arc St | Shands St, SW | 5,269 | 2024 | 0.11 mi |
| S Center St | College Ave, SW | 892 | 2025 | 0.22 mi |
| South Bois d'Arc Street | Dalview Dr, SW | 4,686 | 2025 | 0.35 mi |
| S Bois D'Arc St | Dalview Dr, SW | 4,986 | 2024 | 0.35 mi |
| College Ave | Lorena St, NW | 7,463 | 2024 | 0.36 mi |
| College Avenue | Lorena St, NW | 7,241 | 2025 | 0.36 mi |
| S Bois D'Arc St | W Trinity St, SW | 9,745 | 2025 | 0.37 mi |
| W Trinity St | Border St, SE | 273 | 2025 | 0.43 mi |
| S Bois D'Arc St | Front St, SW | 8,975 | 2024 | 0.44 mi |
NEARBY MAJOR RETAILERS
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
MAP
ADDITIONAL PHOTOS
Building Photo
Building Photo
Building Photo
Building Photo