Main St & Fishtrap Rd
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Location
Spanish Schoolhouse (the “Property”) is strategically positioned adjacent to Action Behavior Center within a master-planned, mixed-use development at the northwest quadrant of Main Street and Fishtrap Road in Providence Village, Texas. The site offers excellent visibility, convenient access to U.S. Highway 380, and proximity to planned medical and retail developments—enhancing long-term tenant synergy and land value appreciation.
The Property consists of approximately 7,573 square feet in a newly constructed, single-tenant building delivered as a build-to-suit for Spanish Schoolhouse, a leading provider of Spanish immersion preschool and early childhood education. The tenant has executed a 15-year absolute NNN lease with two (2) five-year renewal options and fixed 2.0% annual rental increases beginning in Year 2, providing investors with stable, passive income and predictable long-term growth.
This offering represents a rare opportunity to acquire a purpose-built, education-focused net lease asset with zero landlord responsibilities in a high-growth Denton County corridor.
- Brand-new 15-year absolute NNN lease to Spanish Schoolhouse with zero landlord responsibilities, providing fully passive income.
- Fixed 2.0% annual rental escalations beginning in Year 2, delivering predictable NOI growth throughout the initial term and renewal options.
- Established educational operator founded in 2000 with 20+ locations across Texas, specializing in dual-language early childhood education.
- Strategically located within a master-planned mixed-use development, adjacent to Action Behavior Center and near future medical and retail development.
- Strong demographic profile with over 126,000 residents within a 5-mile radius and an average household income of $120,000.
- Purpose-built 7,573 SF facility customized for Spanish Schoolhouse’s operational model, supporting long-term tenancy.