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410 N Shiloh Rd, Garland, TX, 75042

Preschool on Shiloh
$1,250,000

Key Information

$ per SF
$143
Tot. SF
8,700
Year Built
1973/R 2013/R 2020
Type
Retail

Highlights

  • Signalized Hard Corner Location: Positioned at the intersection of North Shiloh Road and West Walnut Street, benefiting from traffic counts exceeding ±47,100 vehicles per day and offering exceptional visibility and convenient access.
  • Attractive Value-Add Opportunity: Area market rents reflect roughly $23/SF supporting a projected pro forma NOI of approximately $200,000, which presents meaningful upside potential for investors through lease-up or repositioning strategies.
  • Versatile End-User Potential: Ideal for childcare, medical office, traditional office, or religious use, providing flexibility for both owner-occupants and investors seeking adaptable space.
  • Extensively Renovated Property: Originally renovated in 2013, the building underwent a major conversion in 2020 from medical office to a childcare facility. Additional improvements in 2023 included the addition of a classroom and indoor play area, enhancing functionality and appeal.
  • Established Retail Corridor: Surrounded by national and regional operators such as CVS, Church’s Chicken, DaVita, and Fresenius Medical Care, contributing to strong daily traffic and area stability.
  • Operating Childcare with Flexible Acquisition Options: Currently operating as a childcare facility and available for purchase with or without enrolled students. Enrollment data and financial information available upon request.
  • Efficient and Flexible Layout: Approximately ±6,700 SF on the first floor plus an additional ±2,000 SF on the second floor, allowing for operational separation, expansion, or multi-tenant configurations.
  • Near Major Medical Demand Driver: Located in close proximity to the Garland VA Medical Center, supporting ongoing demand from medical and service-oriented users.
  • Strong Demographics: Situated within a dense and established trade area of more than 366,446 residents within a five-mile radius, with average household incomes exceeding $110,381, providing a robust customer base and workforce.

Photos

Location

Agents

Broker of Record

Patrick Graham

License # 9005919, 528005 (TX)
Matthews Real Estate Investment Services, Inc
8300 Douglas Ave., Ste. 750, Dallas, TX 75225