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21418 Kingsland Blvd,, Katy, TX, 77450

Guidepost Global Education
$6,500,000

Key Information

Cap Rate
7.05%
$ per SF
$586
Tot. SF
12,291
Lot Size
1.9 Acres
Year Built
2006
Term Remaining
± 15 YRS
Type
Retail
Occupancy
100%
NOI
$458,123

Highlights

TX Disclaimer 

Bryce Wong (In conjunction with Matthews™, a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code)

  • Long-Term Lease: Ideal for an exchange, the property is secured by a long-term 15-year lease, providing stability and predictable cash flow.
  • Consistent Enrollment Demand: This school has been in operation for 7+ years and is one of the company’s matured locations.
  • Premier Houston MSA Location: Houston is the 4th largest MSA in the country, and the property benefits from rapid economic and demographic growth. Katy is recognized for its dynamic retail environment, supported by a steadily increasing population and household income levels.
  • Income Tax-Free State: Texas is an income tax-free state, offering investors potential tax advantages that may increase net income and overall return on investment.
  • Annual Rental Increases: Annual rent increases of 2% are built into the lease, ensuring a hedge against inflation and contributing to consistent growth in income over the term.
  • Recession-Resilient Industry: Early childhood education remains a necessary service for working families. Over $298 million in annual spending on education and daycare services occurs within a 5-mile radius of the property, underscoring strong and durable local demand.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, LLC
2699 Howell St., Suite 400, Dallas, TX 75204