Property History
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Marketing Description
Colliers International, as exclusive advisor, is pleased to present the opportunity to acquire the Vertex Education Headquarters (the “Property”), a ±28,187 square foot, newly constructed, single-story office building in Chandler, Arizona. This fully leased Property is situated on ±2.91 acres within the Chandler Airpark and is located adjacent to one of its Legacy Traditional School campuses. Vertex Education, Arizona’s largest charter management organization by way of enrollment, develops and manages Legacy Traditional Schools, the highest rated Kindergarten to 8th grade school network in Arizona, that also enjoys a Moody’s credit rating of Ba1.
Chandler Airpark is a nine-square-mile area that surrounds the Chandler Municipal Airport. It serves as the key employment center for the entire Southeast Valley, attracting research, technology and other knowledge-worker firms. Notable national and regional developers are developing within the Chandler Airpark; supplying the demand for new facilities from discerning employers who recognize the area’s quality amenities and skilled workforce.
The Property offers investors a unique opportunity to purchase a newly built asset occupied by a charter management organization corporate headquarters with a new 15-year absolute NNN lease with annual increases.
Investment Highlights
- Newly constructed, single-story corporate headquarters with new 15-year absolute NNN lease with annual increases
- 100% leased to Vertex Education, Arizona's largest charter management organization by way of enrollment
- Located adjacent to one of its Legacy Traditional Schools in Chandler Airpark
- Chandler Airpark, positioned along Loop 202, is a nine-square-mile key employment center for the entire Southeast Valley
- Vertex Education develops, manages and expands Legacy Traditional Schools, the highest rated Kindergarten to 8th grade school network in Arizona
- Legacy Traditional School enjoys a Moody's credit rating of Ba1
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BY:
Mindy Korth PRO
•••.•••.5005
•••••.•orth@••••••••.com
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