Contacts
John Andreini
CP Partners
Property Details
- Property Type Retail - Freestanding
- Property Size 10,250 SF
- Lot Size 1.2 Acre
- Additional Rent Contact for pricing
- Property Tenancy Single Tenant
- Year Renovated 2024
- Date Updated Oct 7, 2024
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Highlights
- 20-year corporate net lease with 2% annual rental increases
- Lease guaranteed by Higher Ground Education (HGE), a corporate school operator with significant financial backing and an executive team with 20+ years of experience on average
- Guidepost is the largest Montessori school operator in the world, with 150+ locations internationally
- $600M valuation in April 2023, up more than double since previous valuation in February 2021
- Nine-figure revenues YTD
- Unit level enrollments have increased by 235% since March 2020
- Adjacent to University of Texas – Dallas with 30,000+ students and faculty
- Subject property benefits from the rapid growth of the trade area with young, affluent families flooding the surrounding neighborhoods
- Dallas-Fort Worth is home to the 4th largest concentration of Fortune 500 companies in the country
- Excellent residential demographics – over 348,824 residents and average household incomes of $113,269 within a 5-mile radius of the subject property
Attachments
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Richardson, TX
- Neighborhood Lake Park Estates
- Zip Code 75080
- Market Dallas Fort Worth
Points of Interest
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Arapaho Center
2.42 miles
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Galatyn Park
2.90 miles
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Spring Valley
2.94 miles
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CityLine/Bush
3.70 miles
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LBJ/Central
4.19 miles
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Forest Lane
4.86 miles
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LBJ/Skillman
6.26 miles
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Walnut Hill
6.65 miles
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Lake Highlands
7.07 miles
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Park Lane
7.35 miles
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Exxon
0.47 miles
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Blink
0.52 miles
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ChargePoint
0.61 miles
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Valero
0.80 miles
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Texaco
1.18 miles
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Chevron
1.26 miles
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Conoco
1.35 miles
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Sam's Club
1.70 miles
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Murphy Express
1.82 miles
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EVgo
3.69 miles
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Lot V
0.55 miles
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Lot U
0.60 miles
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Parking Structure 4
0.67 miles
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Lot J
0.70 miles
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Lot I
0.70 miles
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Lot F
0.75 miles
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Lot H
0.76 miles
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Green Parking
0.82 miles
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Lot M South
0.82 miles
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Lot M East
0.88 miles
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Panda Express
0.10 miles
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Braum's
0.13 miles
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Sonny Bryan's Smokehouse
0.14 miles
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String Bean
0.24 miles
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Masala Wok
0.26 miles
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Akaya Sushi, Izakaya & Ramen
0.26 miles
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La Madeleine
0.29 miles
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Cafe Gecko
0.31 miles
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Mi Cocina
0.36 miles
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Pei Wei
0.37 miles
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Sprouts Farmers Market
0.30 miles
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Tom Thumb
0.38 miles
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Ross
0.57 miles
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Target
0.61 miles
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Natural Grocers
1.05 miles
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Walmart Supercenter
1.21 miles
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Central Market - H-E-B
1.63 miles
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Kroger
1.81 miles
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TJ Maxx
2.35 miles
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Kohl's
2.47 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
John Andreini
CP Partners