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Property Details

  • Price $3,450,200
  • Cap Rate 7.50%
  • Tenancy Single
  • Property Type Education | Childcare
  • Property Subtype Education | Childcare
  • Building Size 8,775 SF
  • Year Built 2017

Investment Highlights

Investment Highlights

  • Part of a 2-Property Portfolio | Available Individually or Combined (Contact Broker)
  • Absolute NNN Lease with Scheduled Rental Increases
  • Corporate Lease & Corporate Guaranty (Full Duration of the Lease)
  • Three 3-Year Renewal Options
  • Waitlisted Across Multiple Classrooms

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

  • 339K+ Population Within 5 Miles | ~6% Projected Growth by 2030
  • $109K+ Average HH Income Within 3 Miles | ~14% Projected Growth by 2030
  • Active Retail Development in Area: Dutch Bros, Rally’s, WoodSpring Suites, and More Adjacent to Major National Distribution Centers — Driving Employee Demand
  • Nearby National Brands Include Dutch Bros, Chick-fil-A, Costco, Raising Cane’s, Starbucks, and More
  • $527M+ Spent on Education & Daycare in a 10-Mile Radius
  • Feeder School for Tolleson Elementary School, Porfirio H. Gonzales Elementary School, Desert Oasis Elementary School, and Arizona Desert 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.