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Lubbock, TX 79423
Action Behavior Centers & Treehouse Children's Academy
Property Address
3309 101st Street, Lubbock, TX, USA
Offering Summary
Price:
$4,130,000
Lot Size:
1.37 Acres
Cap Rate:
7.50%
Year Built:
2003
Building SF:
12,881
Status:
Available
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100% Leased with Annual Rent Increases and Corporate Guarantees
Growing Tenant - Action Behavior Centers is Projected to Have More Than 300 Locations Across 6 States by the End of 2024
Private Equity Firm CharlesBank Acquired Action Behavior Centers in 2022 (Valued at $840M at the Time of Sale, and Has Continued to Grow)
167,052 Residents within a Five-Mile Radius
Rapidly Growing Trade Area with Households and Population Projected to Increase Approximately 10% in the Surrounding Area by 2028
Located Near Big Lots, Kohl’s, Dollar Tree
Visible to 22,733+ Cars per Day off of Indiana Ave
Average Household Income Exceeds $117,043 within a One-Mile Radius
Broker Information
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
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