3720 W Anthem Way
Anthem, AZ 85086
Tutor Time · Retail Property For Sale

On behalf of ownership, Marcus & Millichap is pleased to exclusively offer for sale Tutor Time, located at 3720 West Anthem Way in Anthem, Arizona. Tutor Time has over ten years remaining on the absolute NNN lease. The lease is backed by a corporate guarantee, Learning Care Group, Inc. Tutor Time has approximately 200 corporate and franchise child care schools throughout the United States, Hong Kong and Indonesia. Tutor Time is a 10,752 square foot single tenant with no landlord responsibilities and 1.75 percent annual rent increases. The asset is located at the intersection of N 41st Drive SE and N Venture Drive NW with traffic counts exceeding over 38,000 vehicles on a daily basis. The location features strong traffic due its proximity to the Outlets at Anthem and the number of national retail stores including CVS, Wal-Mart, Wells Fargo, Taco Bell, etc. Tutor Time is well positioned within a densely populated area with an increase in population of 437.97 percent since 2000. In addition, it benefits from surrounding developments including Bela Rosa Apartments and other residential communities that were built in response to the increase in population. Anthem, AZ is an affluent community with the average household income exceeding $80,000 within a five-mile radius.