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Property Details

  • Price $3,843,037
  • Cap Rate 6.75%
  • Tenancy Single
  • Property Type Education | Childcare
  • Property Subtype Education | Childcare
  • Building Size 8,843 SF
  • Year Built 2020

Investment Highlights

Investment Highlights

  • Part of a 2-Property Portfolio | Available Individually or Combined (Contact Broker)
  • 14-Years Remaining on an Absolute NNN Lease w/ No Landlord Responsibilities
  • Corporate Lease & Corporate Guaranty (Full Duration of the Lease)
  • 2020 Build-to-Suit for Sunrise Preschools

Tenant Highlights

  • Sunrise Preschools’ Parent Company, Child Development Schools, Inc., is a Top 50 Corporate Early Education Operator with Over 260 Locations Across 11 States
  • Child Development Schools has Been Operating for over 38 Years
  • 100% Corporate Operator, No Franchised Location
  • Sunrise Preschools’ is Deeply Embedded in the Local Market, Operating in Arizona since 1982, Making it One of the Longest-Tenured Childcare Brands in the State.

Location Highlights

  • Strong High Growth Location In the Phoenix Metro
  • 226K+ Population Within 5 Miles | ~8% Projected Growth by 2030
  • $118K+ Average HH Income Within 1 Miles | ~16% Projected Growth by 2030
  • Nearby National Brands Include Walmart Supercenter, Walgreens, Tractor Supply, Bank of America, Food City
  • $631M+ Spent on Education & Daycare in a 10-Mile Radius
  • Feeder School for Maurice C. Cash Elementary School, CJ Jorgensen Elementary School, Ed and Verma Pastor Elementary School, and Ignacio Conchos Elementary School

Team

Education Properties Group

In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000

Notice to AZ Residents and Property Owners: Consistent with state of AZ regulations, please direct all inquiries to AZ Broker.