KinderCare Learning Companies (Crème de la Crème)

11801 W Parmer Ln, Cedar Park, TX

Property Information

Price Summary

$ 10,038,000

Cap Rate

6.5 %

NOI

$ 652,470

Total Lot Size

2.73 Acres

Building Size

20,841 SF

Cody Crist

Partner/Director

T: (817) 584-2000

Property Highlights

  • Austin MSA Crème De La Crème in Cedar Park, TX With 17+ Years Remaining on Primary Term
  • Absolute NNN Lease With Zero Landlord Responsibilities and Built-In 10% Rent Increases Every 5 Years
  • Excellent Visibility Along W Parmer Lane With 34,000 Vehicles Passing Daily
  • Explosive Growth Corridor – 5-Mile Population Grew 44.67% Since 2010 and Is Projected to Grow Another 12.04% by 2030
  • Minutes From Vista Ridge High, Henry Middle, and Reagan Elementary Schools
  • 230,000+ 5-Mile Population With a Plethora of Upscale Apartments and Residential Neighborhoods in the Surrounding Area
  • Affluent Suburban Neighborhood Boasting an Avg. Household Income Exceeding $160K Within 5-Mile Radius
  • Just 21 Miles From Downtown Austin With Access to an MSA Population of 2.6M+ Residents

Point of Contact

Cody Crist

Partner/Director

T: (817) 584-2000

TX #697980

Eric Kelley

Director

T: (281) 610-5011

TX #9007104

Matt Davis

Partner

T: (325) 513-6406

TX# 657251

Chance Hales

Partner

T: (806) 679-9776

TX# 597585

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