1645 E Guadalupe Rd - Day Care Center FOR SALE


Tempe, AZ 85283- South Tempe
$2,000,000 USD
602-541-1019
1645 E Guadalupe Rd, Tempe, AZ for Sale
$2,000,000 USD
Day Care Center - FOR SALE
1/5
null | 6.5% Cap Rate

1645 E Guadalupe Rd
Tempe, AZ 85283
South Tempe


HIGHLIGHTS

  • Absolute NNN Lease with Annual Rent Increases and Multiple Renewal Options
  • Corporate Guaranty by Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with Over 1,150 Schools Across 11 Brands
  • ±15 Feeder Elementary Schools within a 3-Mile Radius
  • Densely-Populated Tempe Trade Area - 392,764 Residents within a 5-Mile Radius
  • Average Household Income Exceeds $136,000 in the Immediate Area
  • Located at a Busy Retail Intersection - Tenants Include Trader Joe's, PetSmart, Fry's, Petco, and Walgreens

OVERVIEW

La Petite Academy, Inc. is one of the nation’s largest educational daycare companies. Headquartered in Novi, Michigan, the company operates more than 450 schools across the country. La Petite Academy provides strong social and educational foundations to prepare children for success in elementary school and beyond. The free-flowing, open concept design of La Petite Academy’s facilities inspires a nurturing, interactive, and collaborative environment where children can thrive. Located just 10 minutes east of downtown Phoenix, Tempe exudes its own personality and the youthful spirit of a college town. Home to Arizona State University, the largest public university in the United States, Tempe has a vibrant downtown that’s active day and night. Visitors will find locally-owned eateries and microbreweries, annual festivals, arts and cultural events.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

La Petite Academy (Learning Care Group)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

RO, Tempe

APN/PARCEL ID

301-48-010Q

ASK ABOUT THIS PROPERTY

Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

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Spencer BerkleyMarcus & MillichapMore Info
602-541-1019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.