Published on: Tuesday, September 3, 2024
Updated on: Tuesday, September 3, 2024
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About the Lister
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Name: Tim Westfall
Company: Echo West Capital Advisors
Office Phone: 602.628.6298
Cell Phone: 602.628.6298
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  Sunrise Preschool
NNWC 91st Ave & Camelback Road, Glendale Phoenix Arizona , 85037
NNWC 91st Ave & Camelback Road, Glendale Phoenix Arizona                                                                                             , 85037 Echo West Capital Advisors
Listing ID: CL-Arizona-11667

Purchase Option

Acquisition Option: Traditional Purchase
Cap Rate (%): 6.75
Net Operating Income: $379,054
Commission Split (%): 0
Quick Glance
Listing ID: CL-Arizona-11667
Status: Accepting Offers
Financing: Third Party Financing
Occupancy: N/A
Year Build: 2024
Building Size: 9,029 SqFt
Lot Size: 9,029 SqFt.
No of Stories: 1
No of Parking: N/A
Offer to Millionaire Club: No
Business Available for Sale: No
Is Net Lease Investment: No
Property On Ground Lease: No
Building Status: Existing
Listing Summary
This property is a prime investment with an Absolute NNN lease, offering zero management responsibilities—ideal for passive investors. The combination of a strong corporate tenant, a long-term lease, and a booming trade area makes this property an exceptional investment opportunity.
Complete Details
Year Build: 2024
Building Size: 9,029 SqFt.
No of Stories: 1
Total Lot Area: 9029 SqFt.
No of Parking: N/A
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Not Specified
Building Class: A
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Not Specified
Occupancy: 0%
Full Description
This property is a prime investment with an Absolute NNN lease, offering zero management responsibilities—ideal for passive investors. The 9,029 square-foot school, constructed in 2024, features a brand new 15-year lease with 10% rental increases every 5 years and multiple extensions, ensuring long-term stability. Backed by Child Development Schools, a leading daycare provider with over 260 locations, this property is part of the well-known Sunrise Preschools brand, which dominates the Phoenix MSA with 30 locations across Maricopa County. The property sits on a 1.56-acre parcel with excellent visibility to over 48,000 vehicles daily and proximity to major retail attractions like State Farm Stadium and Westgate Entertainment District. With the U.S. childcare market growing and Maricopa County being the fastest-growing county in the country, this property is positioned to capitalize on the increasing demand for quality early education. Additionally, the area is experiencing significant residential growth, including a 395-acre master-planned community with 1,200 new homes under construction nearby, ensuring a built-in customer base. This combination of a strong corporate tenant, a long-term lease, and a booming trade area makes this property an exceptional investment opportunity.
Additional Properties
Property Tenants
  • Lease Type Absolute NNN
  • Single
  • Tenant Credit Corporate Guarantee
  • Lease Term 15 years
Property Highlights
  • The lease is backed by Child Development Schools – an established daycare provider with 260+ locations in 11 states including Sunrise Preschools.
  • Sitting comfortably on a 1.56 AC parcel, Sunrise has direct street frontage on 91st Avenue with visibility to over 48,488 vehicles per day at the intersection and with immediate proximity to the Loop 101 Freeway
Listing Location
Attached Documents
  • Download | Sunrise+Preschool+GLendale,+AZ+6.75%+CAP.pdf ( 11,587.84KB)
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