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Browse More Listings in Retail For Sale, Glendale, AZ or Arizona

Retail Property - Off Market

American Child Care Centers

6145 W. Olive, Glendale, AZ 85302

Price:
N/A
Building Size:
3,942 SF
Property Type:
Retail
Property Sub-type:
Day Care Facility/ Nursery
Property Use Type:
Net Lease Investment with 4 years left on lease
Commission Split:
2%
Cap Rate:
7.30%
Occupancy:
69%
Tenancy:
Single
Lot Size:
20,473 SF

Last Verified 8/6/2009 Listing ID 15541233

Description

NNN Investment Opportunity. Properties leased to a local Day Care Business. Real Estate is For Sale. Not Day Care Business is not for sale. The location represented here is part of a seven property chain of day care centers in the Phoenix Metro Area. Owner is willing to sell one, two or more locations to a qualified investor. Each location has a different occupancy, however current occupancy overall is calculated at 69%. This property is being offered at a solid 7.3%CAP. Total chain has an increase of 8.155% in business over the previous year. Growth potential is strong for the balance of the lease term and anticipated to grow well into the next ten year period.

One of seven day care centers located in demographic areas that need these services in Phoenix and Glendale Arizona. Student occupancy and financials are calculated at 69% however, demand and growth will result in each location having increased occupncy in '08 and throughout the balance of the lease term.

Map of 6145 W. Olive, Glendale, AZ 85302 (Maricopa County)

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Created 1/30/2008

Additional Information for 6145 W Olive Avenue, Glendale, AZ 85302

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - American Child Care Centers

6145 W. Olive, Glendale, AZ, 85302