HOUSTON, TX – Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a 12,180-square-foot free-standing childcare facility 100% leased to Phoenix Children’s Academy d/b/a/ Wellspring Children's Academy (middle left photo), located on 2.16 acres at 18518 Green Land Way in Houston,Texas for $3.2 million.Hunter Jaggard (top right photo) of Stan Johnson Company represented the seller, PGTX Development, LLC. Derrick Fujiasaki represented the buyer.
"It presented a great opportunity for the buyer looking to diversify properties to fulfill their 1031 exchange.”
The property is located just north of Interstate 10/Katy Freeway in a residential area, directly across the street from a public elementary school serving approximately 1027 students.
Stan Johnson Co. completes sale of a Jack in the Box in Manvel, TX for $1.28 Million
MANVEL, TX– Stan Johnson Company, one of the nation’s premier net lease brokerage firms, has completed the sale of a 2,684 square-foot free-standing drive-through restaurant 100% leased to Jack in the Box, located on 1.18 acres at 17502 Highway 6 in Manvel, Texas for $1.28 million.
Hunter Jaggard of Stan Johnson Company represented the seller, an individual investor. Dennis Johnston of McDade, Smith, Gould, Johnston represented the buyer in the transaction.
The Jack in the Box is located directly off of South Freeway/288, the main north/south thoroughfare for the city of Houston. Manvel is a fast growing suburb of Houston with an average household income of $104,027 within a five mile radius.
Contact: David Ebeling, Ebeling Communications, (949) 278-7851
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