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120 S Birmingham St

Wylie, TX 75098 · Building Kidz Daycare
Available Now
33 views
FOR SALERetail / Child Care Day Care
Cap Rate
7.25%
NOI
$180,080
Lot Size
1.2AC
Year Built
1998
Occupancy
100%
Tenancy
Single Tenant
Listing Contacts
Vice President
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More property details

APN
R-3248-000-0010-1
Currently Leased
No
Investment
Net Lease
Broker Co-op
Yes
Net Rentable
10,098SF
Property Class
A
No of Buildings
1
No of Stories
1
Ownership
Fee Simple

Location

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Building Kidz Daycare
About the location

The Ficke Team of Colliers is excited to offer qualified investors the chance to acquire the fee simple interest in Building Kidz, a newly executed net lease property at 120 S Birmingham St, Wylie, Texas 75098. This 10,098-square-foot single-tenant childcare facility sits on 1.2 acres in the heart of the nation’s fastest-growing county.
The tenant, Building Kidz, recently signed a new 5-year lease featuring 2.5% annual rent increases during both the primary term and each of the two 5-year renewal options. This structure provides predictable annual rent growth to protect against inflation, while the extensive tenant improvements enhance the likelihood of the tenant exercising renewal options.
Situated within the rapidly growing Dallas-Fort Worth metro area, the property benefits from affluent demographics, strong demand from local school districts, and significant suburban housing growth. The surrounding population has increased over 20% in the past decade, driving demand for early education and childcare services. This represents a rare opportunity to invest in a needs-based net lease asset in one of the nation’s most dynamic suburban markets.

Location highlights
  • Deal Structure:
  • Newly executed 5-year lease with two (2) 5-year renewal options
  • 2.5% annual rent escalations throughout both the base and option terms
  • Lease personally guaranteed by an experienced childcare operator
  • Tenant Strength & Sector:
  • Tenant currently paying below-market rent
  • Building Kidz is an established childcare operator with multiple locations nationwide
  • Longstanding presence in Texas with a strong regional footprint
  • Childcare is a needs-based sector that remains resilient through economic cycles
  • Wylie Location:
  • Collin County is one of the five fastest-growing counties in the U.S.
  • Median household income exceeds $107,416 within a 10-mile radius
  • Wylie has experienced 15.5% population growth since 2020 due to suburban DFW expansion
  • Surrounded by residential neighborhoods and close to schools and higher education institutions
  • Texas Market:
  • Business-friendly environment with no state income tax
  • Dallas-Fort Worth continues to see population growth, job creation, and new development

Documents

FILE
Building Kidz OM - Wylie, TX brochure.pdf
4.35 MB · Offering brochure
Building Kidz Daycare
retail · United States · TX
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