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577 S Teel Parkway

Prosper, TX 75078
  • $8,500,000
  • STATUS: Active
  • ON SITE: 153 Days
  • MLS #: 20187635
UPDATED: 62 min ago
$8,500,000
  • 0
    BEDS
  • 1.89
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2018
County:
Area:

School Ratings & Info

Offered by Amanda Rupley of Compass Re Texas, Llc: 469-210-8288.

Description

*BUSINESS CAN BE SOLD WITH OR WITHOUT REAL ESTATE*COMMERCIAL BUSINESS OPPORTUNITYFully functioning, profitable childcare facility. Each classroom has their own restroom. Includes state-of-the-art professional kitchen. Includes all furniture, fixtures, equipment, school buses, playground equipment, etc. The property is nestled between Windsong Ranch & Artesia, across the street from Hollyhock (Frisco ISD). Incoming Fields and Preserve projects across the street. The Fields will bring luxury high rise condos + lock and leave residences. The Preserve will bring 10,000-$35,000 sf, golf course lot homes.Approx 4 yrs in business. Building + acreage (land) & BusinessNewer construction (2018)Business is full on student roster with a 40+ wait list & pulled $2.5M in revenue for 2021 even with COVID. Seller increased tuitions this year. 5 mi radius make up of higher-end residential developments, mega density, w median household incomes exceeding $250k+

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© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Panther Team | RE/MAX Pinnacle Group Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Panther Team | RE/MAX Pinnacle Group Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-03-20T20:41:31.093.
www.pantherteamhomes.com/homes/134041645
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577 S Teel Parkway Prosper, TX 75078

  • Price: $8,500,000
  • Status: Active
  • On Site: 153 Days
  • Updated: 62 min ago
  • MLS #: 20187635
0
Beds
0
Baths
0
½ Baths
1.89
Acres
2018
Built
Neighborhood:
Artesia Retail
County:
Denton
Area:
Prosper
Property Description
*BUSINESS CAN BE SOLD WITH OR WITHOUT REAL ESTATE*COMMERCIAL BUSINESS OPPORTUNITYFully functioning, profitable childcare facility. Each classroom has their own restroom. Includes state-of-the-art professional kitchen. Includes all furniture, fixtures, equipment, school buses, playground equipment, etc. The property is nestled between Windsong Ranch & Artesia, across the street from Hollyhock (Frisco ISD). Incoming Fields and Preserve projects across the street. The Fields will bring luxury high rise condos + lock and leave residences. The Preserve will bring 10,000-$35,000 sf, golf course lot homes.Approx 4 yrs in business. Building + acreage (land) & BusinessNewer construction (2018)Business is full on student roster with a 40+ wait list & pulled $2.5M in revenue for 2021 even with COVID. Seller increased tuitions this year. 5 mi radius make up of higher-end residential developments, mega density, w median household incomes exceeding $250k+
Exterior Features

Construction BlockBrickConcreteStuccoWood Foundation Slab Lot Description AcreageLandscaped Lot Size Source Public Records Parking Or Garage Additional ParkingCircular DrivewayCommonConcreteCoveredDrive ThroughDrivewayLightedOn SiteOutsideOversizedParking Lot Roof ConcreteMetal Waterfront YN No

Interior Features

Ceiling Height 8 To10 Feet11 To 14 Feet Cooling Attic FanCeiling Fan(S)Central AirElectricEnergy Star Qualified EquipmentMulti UnitsZoned Flooring CarpetCeramic TileConcreteHardwoodLaminateLuxury Vinyl PlankTile Handicap YN Yes Heating ElectricEnergy Star Qualified EquipmentEnergy Star/Acca Rsi Qualified Installation Sq Ft Gross 15932

Property Features

Building Area Source Public Records Building Area Total 15932.00 Building Use Schools Construction Status Preowned Gross Annual Expenses 1500000.00 Gross Annual Income 2500000.00 List MLSProvider Metrotex Association Of Realtors Listing Terms 1031 ExchangeAll Inclusive Trust DeedCashConventionalOther Multi Zoning No Municipal Utility District Yes Net Operation Income 900000 Operating Expense Includes AccountingInsuranceLegalLicensesMaintenanceMaintenance GroundsMaintenance StructureManagerMortgage/LoansPest ControlProfessional ManagementSecurityStaffSuppliesTrashUtilitiesWater/Sewer Owner Pays InsuranceTaxes Possession Closing/Funding Property Type Business Tenant Pays All UtilitiesCommon Area MaintenanceElectricityExterior MaintenanceGasGrounds CareInsuranceJanitorial ServiceManagementRepairsTaxesWater Transaction Includes Building OnlyBusinessFranchiseFurnitureInventoryLand & Improvements Unexempt Taxes 125519 Utilities City SewerCity WaterConcreteCurbs Will Subdivide No Zoning Confirm With County

North Texas Real Estate Information Systems MLS logo Listing information © 2023 North Texas Real Estate Information System.


© 2023 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Panther Team | RE/MAX Pinnacle Group Realtors. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than The Panther Team | RE/MAX Pinnacle Group Realtors are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2023-03-20T20:41:31.093.
 
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The Panther Team | RE/MAX Pinnacle Group Realtors
1241 W. Green Oaks Blvd, Ste. 151
Arlington TX, 76013
Offered by Amanda Rupley of Compass Re Texas, Llc: 469-210-8288.