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2946 E Cheery Lynn Road - Genesis Day Care, Phoenix, AZ

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2946 E Cheery Lynn Road - Genesis Day Care

Phoenix, AZ 85016-7520 - Airport Area Ret Submarket

Property Type:Retail Sub Type:Day Care Center Status:Existing Year Built:1950
Building Size:1,945 SF Land Area:.2 AC (8,625 SF)
For Sale Price:$435,000 Price/SF:$223.65
Cap Rate:10.35 %

Sale Notes:
» Excellent Investment Opportunity for Free Standing Day Care/Preschool Building
» CAP Rate of 10.35% with Annual NOI of $45,005
» 100% Leased to Genesis Day Care until End of August 2020
» Located in Well Established Residential Area with High Density Population
» Close Proximity to AZ-51, Loop 202 and I-10 Freeways

COBE Real Estate
Steven Beck
(480) 610-2400

Brad Broyles
(480) 610-2400

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