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Kids 'R' Kids (Crabb River Rd)- Richmond, TX 1250 Crabb River Road 13,666 SF Retail Building Sugar Land, TX 77479 $5,759,243 ($421.43/SF) 7% Cap Rate
Investment Highlights
- Sale-leaseback backed by a three-unit Kids ‘R’ Kids Franchisee with significant franchise operating experience.
- Located in the high-growth Houston Richmond submarket with 15% to 20% projected population increases over the next five years.
- Recent CAPEX was completed at this location.
- Consistent unit-level EBITDAR growth.
- This deal’s real estate fundamentals are in line with the Houston education net lease market. Ideally positioned to benefit from sustained demand.
- Long-term 15-year Absolute Triple Net (NNN) Leases with 2% annual escalations and four, 5-year renewal options.
Executive Summary
Sands Investment Group is pleased to exclusively present for sale the 13,666-square-foot Kids ‘R’ Kids facility located at 1250 Crabb River Road in Richmond, Texas. This offering represents a rare opportunity to acquire a Kids ‘R’ Kids sale-leaseback property, backed by an experienced operator with a strong track record in franchise operations, providing a stable and attractive investment opportunity.
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
13,666 SF
Building Class
C
Year Built
2001
Price
$5,759,243
Price Per SF
$421.43
Cap Rate
7%
NOI
$403,147
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.17 AC
Parking
44 Spaces (3.22 Spaces per 1,000 SF Leased)
Frontage
125’ on Crabb River Road
Amenities
- Fenced Lot
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kids 'R' Kids
- Educational Services
- 100 SF
- $29.50
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kids 'R' Kids | Educational Services | 100 SF | $29.50 | - |
Fairly walkable
40/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0049-00-000-0654-901 | Improvements Assessment | $1,444,557 |
| Land Assessment | $776,270 | Total Assessment | $2,220,827 |
Property Taxes
Parcel Number
0049-00-000-0654-901
Land Assessment
$776,270
Improvements Assessment
$1,444,557
Total Assessment
$2,220,827
Contacts
-
Ryan Sompayrac -
Chris Sands -
Clifton McCrory -
John Brown -
Sands Investment Group
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Kids 'R' Kids (Crabb River Rd)- Richmond, TX | 1250 Crabb River Road
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