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FLOWER MOUND, TEXAS — Marcus & Millichap has brokered the sale of an 8,491-square-foot property net-leased to Phoenix Children’s Academy in the Dallas/Fort Worth suburb of Flower Mound. Constructed in 2002, the facility is located on nearly two acres at 5601 Timber Creek Road. More than 14 years remain on the original term of the lease, which features annual rent escalations and one option for renewal of five years. Philip Levy of Marcus & Millichap marketed the property on behalf of the seller, a private investor. Levy also secured the buyer, another private investor.