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Skyrise School (KinderCare) 10406 N 51St Ave 7,127 SF Retail Building Glendale, AZ 85302 $2,171,150 ($304.64/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • ±7 Years Remaining on Absolute Triple-Net (NNN) Lease
  • Dense Trade Area in the Phoenix MSA With 480,000+ Residents Within a 5-Mile Radius
  • Located at the Corner of Peoria Ave and 51st Ave, Visible to 48,000+ Cars per Day
  • KinderCare Education is the Largest Provider of Early Education in the Nation with 1,500+ Centers
  • High Growth Trade Area With Households to Increase 3.58% Within 3 Miles in the Next 4 Years
  • Situated in the Cartwright School District #83, in Close Proximity to Numerous Schools

EXECUTIVE SUMMARY

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day.
The city of Glendale is the sports destination for all of Arizona. Located about 9 miles northwest of Downtown Phoenix, Glendale is home to top shopping and dining districts, the largest Air Force Training base in the world, Midwestern University (metropolitan Phoenix’s first medical school) and a major postgraduate international business school: the Thunderbird School of Global Management.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
7,127 SF
Building Class
C
Year Built
1982
Price
$2,171,150
Price Per SF
$304.64
Cap Rate
6%
NOI
$130,269
Tenancy
Single
Building Height
1 Story
Building FAR
0.24
Lot Size
0.69 AC
Zoning
C-2
Frontage
100’ on N 51st Ave

AMENITIES

  • Pylon Sign
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Educational Services
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

KinderCare Learning Companies was founded in 1969 in Montgomery, Alabama by Perry Mendel. The company operates as a leading provider of early childhood education and care services in the United States, serving children from six weeks to 12 years old. Headquartered in Lake Oswego, Oregon, KinderCare offers programs through community-based centers, employer-sponsored facilities, and before- and after-school programs under its Champions brand. The organization also owns Crème de la Crème schools, acquired in 2022, to expand premium offerings. KinderCare Learning Companies became publicly traded in 2024 under the ticker symbol KLC and is majority-owned by Partners Group.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Educational Services 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Manuel's
EoS Fitness
Fry’s Food Stores
LA Fitness
Filiberto's Mexican Food
Applebee's
Starbucks
Fazoli's Italian Restaurant
Bank of America
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
148-24-004D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$80,262
  • Listing ID: 38623971

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 10406 N 51St Ave, Glendale, AZ 85302

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