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Action Behavior Centers & Treehouse Academy 3309 101st St

12,881 SF 100% Leased Retail Building Lubbock, TX 79423 $5,801,328 CAD ($450 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • 100% Leased with Annual Rent Increases and Corporate Guarantees
  • Private Equity Firm CharlesBank Acquired Action Behavior Centers in 2022 (Valued at $840M at the Time of Sale, and Has Continued to Grow)
  • Rapidly Growing Trade Area with Households and Population Projected to Increase Approximately 10% in the Surrounding Area by 2028
  • Growing Tenant - Action Behavior Centers is Projected to Have More Than 300 Locations Across 6 States by the End of 2024
  • 167,052 Residents within a Five-Mile Radius
  • Located Near Big Lots, Kohl’s, Dollar Tree

Executive Summary

Marcus & Millichap is pleased to present for sale Action Behavior Centers & Treehouse Children's Academy in Lubbock, TX. Action Behavior Centers - ABA Therapy for Autism (“ABC”) is the leading provider of Applied Behavior Analysis (ABA) therapy in Texas, Arizona, Colorado, Illinois, North Carolina, and Minnesota. Treehouse Children’s Academy is an early education Christian school serving families in the Lubbock and Amarillo area.
Home to Texas Tech, one of the largest universities in the state, Lubbock is also the most populous metro in the western Texas and eastern New Mexico region. The county seat of Lubbock County, the city is home to an estimated 329,000 residents.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
12,881 SF
Building Class
C
Year Built
2003
Price
$5,801,328 CAD
Price Per SF
$450 CAD
Cap Rate
7.50%
NOI
$435,135 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Land Acres
1.37 AC
Parking
20 Spaces (1.55 Spaces per 1,000 SF Leased)

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R174874
Land Assessment
$252,317 CAD
Improvements Assessment
$3,086,124 CAD
Total Assessment
$3,338,441 CAD
  • Listing ID: 33111217

  • Date on Market: 2024-09-09

  • Last Updated:

  • Address: 3309 101st St, Lubbock, TX 79423

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