Kid City USA

12152 Shadow Creek Parkway, Pearland, TX 77584

$5,440,000

Cap Rate 7.50%

Views: 26 DOM: 39 Updated: 09.12.24 Posted: 08.08.24 Status: Active

Summary

Price $5,440,000	Built/Renov 2016	Tenant Kid City USA
Cap Rate 7.50%	Lease Type Abs NNN	Guarantor Corporate
Size/SF 15,832	Lease Start 10-01-2023	#Units 100
Price/SF $343.61	Expiration 10-31-2038	Tenant Type Daycare/Education
NOI $408,000	R. Term 14.1	Ownership Fee Simple
Rent/SF $25.77	Increases 2.0%/1/yrs	Pop 5Mi 220,797
Lot/AC 1.50	Options 2/5yrs/2%	AHHI 5Mi $117,280

Lease Highlights

Kid City USA has 13+ years remaining on the current lease term with 2 (5-year) options to extend
The lease features 2% annual rental escalations throughout the initial term and option periods
Absolute NNN lease | Zero landlord responsibilities
Corporate guaranteed lease

Location Description

Kid City USA is strategically located on Shadow Creek Parkway, with access to 29,650 vehicles passing by daily. The property is within a 5-mile radius of 15 elementary feeder schools and is surrounded by well-known national tenants including Pizza Hut, Arby's, UPS, Sonic, Dollar Tree, and more. Additionally, it is situated 35 miles from George Bush International Airport. The 5-mile trade area...

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Key Features

Dense retail corridor
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Income tax free state
Absolute NNN
Long 10+ yr lease
Annual rent increases
Corporate Guarantee

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Links

Kid City USA Wikipedia Pearland, Texas Zip Code 77584 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Kid City USA
Guarantor:Corporate
Company:Kid City USA Enterprises, Inc
# Units:100
Stock:Private

About Tenant

Kid City USA Enterprises, Inc. is a franchise childcare brand that offers preschool, daycare, and extended before & after school programs. Kid City USA is committed to exceptional childcare and...

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Listing Broker

Seth Krepistman

Sands Investment Group

Contact

21 Listings
935 Views
0 Sold

Connor Brady

Sands Investment Group

Contact

7 Listings
305 Views
0 Sold

Seth Krepistman

Sands Investment Group is a commercial real estate brokerage firm that specializes in the buying and selling of investment properties for private investors and institutions across the United States. Advisors with the company currently have over $1.4 billion in active inventory. As a leader in the industry, SIG was first to offer true sub-product type specialization. The firm’s experience in net lease, shopping centers, retail, office, self storage and industrial transactions is unparalleled. Sa

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Connor Brady

Investment Sales Advisor for Sands Investment Group specializing in the acquisition, disposition, and financing of net lease early education properties nationwide.

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Elan Sieder

Sands Investment Group

Contact

20 Listings
942 Views
0 Sold

Max Freedman

Sands Investment Group

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56 Listings
2225 Views
0 Sold

Elan Sieder

With over a decade of experience, Elan has handled over 650 real estate transactions. He has worked closely with tenants, family offices and developers as a strategic partner to help facilitate their growth strategies. Elan has always loved connecting with people which has made him a trustworthy partner his clients can rely on. Through developing these meaningful relationships, Elan has had the privilege to invest alongside his clients. His clients and partners fuel his tenacity and motivati

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Max Freedman

Max Freedman is a recognized industry leader focused on the Restaurant/C-Store real estate, heads the Austin office and the SIG Restaurant Group. Max is a founding partner and opened the first SIG office in Santa Monica, CA in 2009, with Chris Sands. He has excelled in building the company’s team culture and strategies you see today. Max has a strong team mentality and has had an integral part in recruiting several agents to Sands Investment Group. SIG’s restaurant group consists of nine agen

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