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5009 Caroline St
Houston, TX 77004

$9,743,424 USD

Daycare Center For Sale  •  14,172 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 17,399 SF
  • Lot Size 0.78 AC
  • Building Class B
  • Year Built 1965
  • Tenancy Single
65 Transit Score
73 Walk Score

Highlights

The brand new 15-year Absolute NNN lease will commence in September 2024, allowing investors the opportunity to capitalize on the entire lease term.
Featuring rare 3% annual rent increases, (2) 5-year options, and zero LL responsibilities, the Property provides a long-term, passive investment.
Located in the Museum District, which attracts over 8.7M visitors annually, and is long-considered one of the most sought-after districts in Houston.
Irreplaceable Urban Infill Location | High Barriers to Entry | Tucked Away in the Middle of Everything
Located 3 minutes from the Property, the Ion District will become Houston’s mixed-use destination, comprising 12 blocks upon completion.
The Learning Experience is a recognized leader in the daycare and early education industry with 600+ centers and 22% revenue growth over last 5 years.

Public Transportation

Commuter RailDriveWalkDistance
Houston (Sunset Limited - Amtrak) 8 min - 4.3 mi
Transit/SubwayDriveWalkDistance
Museum District Northbound (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 2 min 8 min 0.4 mi
Museum District Southbound (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 1 min 9 min 0.5 mi
Wheeler (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 4 min 11 min 0.6 mi
Hermann Park/Rice U (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 4 min 17 min 0.9 mi
Ensemble/Hcc (Redline - Harris County Metropolitan Transit Authority METRO Rail (METRORail)) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
William P Hobby 24 min - 12.9 mi
George Bush Intcntl/Houston 29 min - 21.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes
Jeffrey Jackson 713-408-8555 CBRE
Jeffrey Jackson 713-408-8555 CBRE