Listed by BLD Real Estate
$2,900,000
Sunrise Preschools
Details
APN 150-13-005
Property Type Retail, Office
Sub Type Day Care/Nursery, School
Square Footage 7,465
Cap Rate 6.18%
NOI $179,432
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 05/31/2031
Remaining Term 4.9
Rent Bumps Yes
Lease Options Three (3) three (3) year lease options
Year Built 1989
Buildings 1
Lot Size (SqFt) 41,251
Zoning R6
Investment Type Net Lease
Lease Commencement 06/01/2016
Ground Lease No
Sale Condition N/A
Sunrise Preschool | 6.18% CAP | 7,465 Sq Ft
Marketing description
This property is easily accessible from major freeways and is a short drive from the redeveloping Metrocenter, ASU West, Glendale Community College, Grand Canyon University and Innovation 27, which showcases Phoenix's commitment to the area and the future.
Investment highlights
Offering an Absolute NNN investment located in Phoenix's North Mountain Village. Sunrise Preschools, a division of Child Development Schools, one of the largest early education operators in the country with over 250 schools across 11 states has operated in this location since 2016. With an initial term that runs through May 2031, the lease includes 5% rent escalations every three years and three (3) three (3) year lease options.
Listing Contacts
Listed by BLD Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$179,431.92
$14,952.66/mo
Valuation Metrics
0
DSCR
6.19%
Cap Rate
6.19%
ROI
Map
Zoning
R1-6 ResidentialSingle FamilySingle Family Residence
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View all 73 uses
View all 73 uses Last updated Apr 13, 2026 For deeper zoning details, reports are available at Zoneomics
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