Kids ‘R’ Kids (Crabb River Rd) – Richmond, TX

Kids 'R' Kids
1250 Crabb River Road, Sugar Land, TX, USA

Sands Investment Group is pleased to exclusively present for sale the 13,666-square-foot Kids ‘R’ Kids facility located at 1250 Crabb River Road in Richmond, Texas. This offering represents a rare opportunity to acquire a Kids ‘R’ Kids sale-leaseback property, backed by an experienced operator with a strong track record in franchise operations, providing a stable and attractive investment opportunity.

  • Sale-leaseback backed by a three-unit Kids ‘R’ Kids Franchisee with significant franchise operating experience.
  • Consistent unit-level EBITDAR growth.
  • Located in the high-growth Houston Richmond submarket with 15% to 20% projected population increases over the next five years in the surrounding 1, 3, and 5-mile radius, respectively.
  • This deal’s real estate fundamentals are in line with the Houston education net lease market.
  • Ideally positioned to benefit from sustained demand in Houston, the nation’s second-fastest-growing large city.
  • Recent CAPEX was completed at this location.
  • Long-term 15-year Absolute Triple Net (NNN) Leases with 2% annual escalations and four, 5-year renewal options.
  • There are 8 public elementary schools within a 5-mile radius of this location.

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

Price

$5,759,243

Cap Rate

7.00%

PREMISES

13,666 SF

YEAR BUILT

2001

RENEWAL OPTIONS

4 x 5 Years

Lease Expiration

15 Years From Close of Escrow

Lease Type

Absolute NNN

RENTAL INCREASES

2% Annually

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