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The Learning Experience 8630 Jones Rd

10,000 SF 100% Leased Retail Building Jersey Village, TX 77065 $7,725,740 CAD ($773 CAD/SF) 7% Cap Rate

Investment Highlights

  • Long Term Lease: Brand new construction with a new 20-year lease
  • Corporate Guaranty: Structured Corporate Guaranty of $700k
  • Award Winning Tenant: The Learning Experience has over 350 centers across the U.S. and U.K.
  • 10% increases Every 5 years: Including options (2-5 Year Options)
  • High Traffic Counts: Jones Road sees 49,780 VPD and is an arterial road to access Highway 290 (211,152 VPD), a major thoroughfare of Houston, TX
  • The Franchise was recently recognized as the No.1 Childcare Franchise and No.1 Education Franchisee

Executive Summary

Colliers is pleased to exclusively offer to qualified investors, the opportunity to acquire a brand new, fee-simple retail building leased to The Learning Experience, located at 8630 Jones Road in Jersey Village (Houston), TX. The newly constructed ±10,000 SF building sits on ±1.60 acres, near the lighted intersection of Jones Rd. at Jersey Meadow Dr. A prime location in the FM 1960/Hwy 249 submarket, just a half mile north of Highway 290 surrounded by a highly dense residential area with high traffic counts.
Access OM https://texas.colliers.com/due-diligence-registration-8630-jones-rd

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2023
Price
$7,725,740 CAD
Price Per SF
$773 CAD
Cap Rate
7%
NOI
$540,802 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Land Acres
1.60 AC

Nearby Major Retailers

Starbucks
Bank of America
Hartz Chicken Buffet
9Round
Planet Fitness
ALDI
Wells Fargo Bank
H-E-B
United Rentals
Kroger
  • Listing ID: 30829009

  • Date on Market: 2024-01-31

  • Last Updated:

  • Address: 8630 Jones Rd, Jersey Village, TX 77065

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