Listing Summary
This property is a highly desirable investment with an Absolute NNN lease, offering zero management responsibilities—ideal for passive investors. The combination of a strong corporate tenant, a long-term lease, and a booming trade area makes this property an exceptional investment opportunity.
Full Description
This property is a prime investment with an Absolute NNN lease, offering zero management responsibilities—ideal for passive investors. The 9,029 square-foot school, constructed in 2024, features a brand new 15-year lease with 10% rental increases every 5 years and multiple extensions, ensuring long-term stability.
Backed by Child Development Schools, a leading daycare provider with over 260 locations, this property is part of the well-known Sunrise Preschools brand, which dominates the Phoenix MSA with 30 locations across Maricopa County. The property sits on a 1.56-acre parcel with excellent visibility to over 48,000 vehicles daily and proximity to major retail attractions like State Farm Stadium and Westgate Entertainment District.
With the U.S. childcare market growing and Maricopa County being the fastest-growing county in the country, this property is positioned to capitalize on the increasing demand for quality early education. Additionally, the area is experiencing significant residential growth, including a 395-acre master-planned community with 1,200 new homes under construction nearby, ensuring a built-in customer base.
This combination of a strong corporate tenant, a long-term lease, and a booming trade area makes this property an exceptional investment opportunity.
Quick Glance
- Listing ID:
CL-Arizona-11667
- Status:
Active
- Year Build:
2024
- Building Size:
9,029 SqFt
- Lot Size:
9,029.00 Acre