The Woodmont Company closed the sale of a newly constructed 10,472-square-foot Goddard School at 142 McCormick Blvd. in Oak Point, Texas.
Russel Wehsener, a broker with The Woodmont Company, represented the buyer in the transaction, while Sands Investment Group represented the seller.
The newly built Goddard School property features a 15-year triple-net lease (NNN) with zero landlord responsibilities, providing a secure and stable investment for the buyer.
Strategically positioned off U.S. Highway 380 / E University Drive, the location benefits from high visibility and traffic counts exceeding 37,000 vehicles per day (VPD). Additionally, the Oak Point area is undergoing significant development through the Oak Point Corridor Plan, which supports the growth of 400 acres of residential, retail, and commercial space, enhancing the long-term value of the investment.
The property is situated 25 miles north of Dallas-Fort Worth International Airport (DFW) and 40 miles from