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Get In TouchLittle Blessings Daycare | Plano, TX (Alma Dr)
Little Blessings Daycare
3912 Alma Drive, Plano, TX, 75023, USA
Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,550 SF Little Blessings Daycare NNN Asset Located at 3912 Alma Drive in Plano, TX. This Deal Includes a 15-Year Triple Net (NNN) Lease and Zero Landlord Responsibilities, Providing For a Secured Investment.
- Little Blessings Daycare Has Been Operating Since 2008 With 20 Units in Louisiana and Texas
- This Location Has Been Operating Since 1978
- Plano is 18 Miles North of Dallas in Collin County and Ranks as Texas’ Ninth Most Populous City
- A 30 Minute Drive to Dallas Fort Worth International Airport Serving 73 Million Passengers Per Year
- 15-Year Triple Net (NNN) Lease and Zero Landlord Responsibilities
- Average Household Income of $123,065 and a Population of 310,725 Residents Within 5-Miles
- 7 Feeder Elementary Schools Within a 5-Mile Radius
- Texas is an Income Tax-Free State
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Little Blessings Daycare
3912 Alma Drive, Plano, TX, 75023, USA
LITTLE BLESSINGS DAYCARE
Little Blessings Childcare & Preschool is a quality childcare and learning center. Little Blessings Childcare & Preschool was birthed in an extra room of our home over 10 years ago. Little Blessings Academy serves more foster families than any other childcare center in south Louisiana. Our aim is to provide the communities of Carencro, Scott, Broussard, Milton, Lafayette, Youngsville, and Breaux Bridge with the best childcare experience possible. Little Blessings has 20 conveniently located facilities for families that are searching for infants and toddler care ages 4 weeks to 5 years. Our preschool program is designed to prepare 4 and 5-year-olds for their all-important school years. We also offer an extensive after-school program with planned activities and homework support for kids age 5 to 12.
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Price
$2,137,931
Cap Rate
7.25%
PREMISES
6,550 SF
RENEWAL OPTIONS
4 x 5 Year Options
Lease Expiration
12/30/2039
Lease Type
NNN
RENTAL INCREASES
10% Every 5 Years
BROKERS
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To receive access to this OM, please review and sign our confidentiality agreement:
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
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