The Learning Experience 16470 Yuma 9,890 SF Retail Building Goodyear, AZ 85338 $5,745,000 ($580.89/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare 20 Yr. Corp Lease by Learning Experience Corporation - 450+ Locations- Best in Class Brand
- Strong 7 Year Corp Guarantee ($700k CAP) - Subsidiary of Golden Gate Capital ($19B+ Market Cap)
- Brand New 2024 Prototype - 6% Rent Bumps - 20 Yr Roof Warranty - Just Opened - Strong Enrollment
- High Profile PAD at Sarival Marketplace (Fry’s Marketplace) - Near Canyon Trails Towne Center
- Phoenix MSA Voted One of “Top 50 Places to Live” - Tremendous Population Growth - 5th Largest City
- Nation’s Fastest Growing Brand! - “Annual Franchise Top 500 List” - Perfect Dense Residential Area
EXECUTIVE SUMMARY
We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully occupied by The Learning Experience (“TLE” – corporate) on a brand new 20 year lease. This brand new 2023 construction provides investors long term secure cash flow with a hedge against inflation with 6% rental increases every 5 years including options.
Positioned in a grocery anchored shopping center anchored by Fry’s Marketplace, the subject property benefits from this dominant retail center location at Yuma Rd & Sarival Ave, as well as unique retail synergies within the center that drives daily traffic to the site. Additionally, the subject property is located in one of the fastest growing cities in the U.S. with 46% population growth from 2010 to 2020 and is growing at over 4% annually. This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 20-year lease with rare 6% rental increases and minimal landlord obligations.
Positioned in a grocery anchored shopping center anchored by Fry’s Marketplace, the subject property benefits from this dominant retail center location at Yuma Rd & Sarival Ave, as well as unique retail synergies within the center that drives daily traffic to the site. Additionally, the subject property is located in one of the fastest growing cities in the U.S. with 46% population growth from 2010 to 2020 and is growing at over 4% annually. This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 20-year lease with rare 6% rental increases and minimal landlord obligations.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
9,890 SF
Building Class
B
Year Built
2024
Price
$5,745,000
Price Per SF
$580.89
Cap Rate
6.75%
NOI
$387,688
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.11 AC
Zoning
C2 - Commercial
Parking
91 Spaces (9.2 Spaces per 1,000 SF Leased)
Frontage
283’ on West Yuma Road
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 500-96-956 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $299,334 |
