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Sunrise Preschools-Child Development Schools 2627 Southern ave 8,843 SF Retail Building Phoenix, AZ 85041 $3,843,037 ($434.59/SF) 6.75% Cap Rate
Investment Highlights
- Part of a 2-Property Portfolio | Available Individually or Combined (Contact Broker)
- Corporate Lease & Corporate Guaranty (Full Duration of the Lease)
- Sunrise Preschools’ Parent Company, Child Development Schools, Inc., is a Top 50 Corporate Early Education Operator with Over 260 Locations Across 11
- 14-Years Remaining on an Absolute NNN Lease w/ No Landlord Responsibilities
- 2020 Build-to-Suit for Sunrise Preschools
- 226K+ Population Within 5 Miles | ~8% Projected Growth by 2030
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,843 SF
Building Class
C
Year Built
2020
Price
$3,843,037
Price Per SF
$434.59
Cap Rate
6.75%
NOI
$259,405
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.39 AC
Zoning
C1 - Commercial
Frontage
191’ on West Southern Avenue
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 105-86-003D | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $136,768 |
Property Taxes
Parcel Number
105-86-003D
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$136,768
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Sunrise Preschools-Child Development Schools | 2627 Southern ave
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