Offered for sale is a 17,448 SF purpose-built childcare facility on 2.89 acres in Fate, Texas, one of the fastest-growing communities in the Dallas–Fort Worth metroplex. The property is leased under a long-term absolute triple net (NNN) lease with more than 12 years of remaining term and zero landlord responsibilities, offering investors a truly passive income stream.
Scheduled rent escalations over the remaining lease term provide steady growth in net operating income, increasing the investor’s yield and the property’s value over time. The property is located on the north side of I-30 in Fate, Texas, in the heart of one of Rockwall County’s most active growth corridors. Recent nearby commercial permit filings include:
Target (T3066) – Retail store (filed October 2026)
Chase Bank – Branch (filed August 2026)
Huey’s Coffee – Coffee shop (filed August 2026)
The Enclave at Fate Village – Commercial retail space (filed July 2026)
| Listing Id: | 21426266 |
|---|---|
| List Price: | $6,690,000 |
| Property Type: | Commercial Sale |
| Property Sub Type: | Business |
| Status: | Active |
| Lot Size Square Feet: | 126,236.8800 |
| Lot Size Acres: | 2.898 |
| Waterfront?: | No |
| City: | Fate |
| County Or Parish: | Rockwall |
| Subdivision Name: | Philip E Wetzel Addition Lot 2 |
| Postal Code: | 75087 |
| Year Built: | 2016 |
| Accessibility Features: | Accessible Bath - Full, Accessible Doors, Accessible Entrance |
| Accessibility Features Yn: | Yes |
| Average Monthly Lease: | $33,751 |
| Basement Yn: | No |
| Building Area Source: | Public Records |
| Building Area Total: | 17,455.00 |
| Building Use: | Church, Other |
| Business Type: | Child Care |
| Ceiling Height: | 8 to10 Feet, 11 to 14 Feet |
| Construction Materials: | Fiber Cement, Frame |
| Construction Materials Walls: | Texture |
| Cooling: | Ceiling Fan(s), Central Air, Electric |
| Directions: | The property is located on the north side of I-30 in Fate, Texas, in the heart of one of Rockwall Countys most active growth corridors. |
| Flooring: | Concrete, Luxury Vinyl Plank |
| Foundation Details: | Slab |
| Gross Annual Income: | $405,012 |
| Heating: | Central, Electric, ENERGY STAR Qualified Equipment |
| Leasable Area: | 17,455.00 |
| Lease Expiration Date: | 05/02/2038 |
| Listing Terms: | 1031 Exchange, Assumable, Cash, Conventional |
| Lot Features: | Acreage, Few Trees |
| Lot Size: | 1 to < 3 Acres |
| Lot Size Area: | 2.8980 |
| Lot Size Source: | Public Records |
| Lot Size Units: | Acres |
| Multi Parcel ID: | No |
| Multi Zoning?: | No |
| Municipal Utility District?: | No |
| Net Operation Income: | $405,012 |
| Parking Features: | On Site, Outside, Parking Lot |
| Possession: | Closing/Funding |
| Road Frontage Type: | Highway |
| Roof: | Asphalt |
| Security Features: | Fire Alarm, Fire Sprinkler System, Security Lights, Security System, Smoke Detector(s) |
| Sqft Gross: | 17,455 |
| Stories Total: | 1 |
| Tenant Pays: | All Utilities, Common Area Maintenance, Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Janitorial Service, Management, Repairs, Roof, Sewer, Taxes, Trash Collection, Water |
| Utilities: | City Sewer, City Water, Concrete |
| Will Subdivide: | No |
| Year Built Details: | Preowned |
| Zoning Description: | Neighborhood Commercial |
Listing Courtesy of: Pioneer DFW Realty, LLC
Listing Agent: Charles Rickerson
214-862-4283
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North Texas Real Estate Information Systems, Inc. data last updated on November 03, 2026 08:59 AM - CT
Property Last Updated: November 03, 2026 08:59 AM - CT
