2801 E Southern Ave - Schools FOR SALE


Phoenix, AZ 85040- South Mountain
$13,850,000 USD
623-323-3125
2801 E Southern Ave, Phoenix, AZ for Sale
$13,850,000 USD
Schools - FOR SALE
1/30
null | Request Cap Rate

2801 E Southern Ave
Phoenix, AZ 85040
South Mountain


HIGHLIGHTS

  • Established K-8 charter school campus with a strong community presence and reputation in South Phoenix on an expensive 7.9-acre site.
  • 5.2 acres of contiguous excess land, providing significant future development potential, creating flexibility for educational expansion.
  • Built in 2012 and maintained in pristine condition, delivering a turnkey educational facility with minimal immediate capital needs.
  • Prominent Southern Avenue frontage offers exceptional visibility, with exposure to more than 22,000 vehicles per day, enhancing brand recognition.
  • Approximately 1.5 miles from SR 143 with convenient connectivity to Interstate 10, Interstate 17, downtown Phoenix, and the broader metro.
  • Located within a rapidly growing trade area of over 1.07 million residents and more than $13.5 billion in annual consumer spending.

OVERVIEW

George Gervin Prep Academy, located at 2801 East Southern Avenue in Phoenix, presents a rare opportunity to acquire an educational campus with expansion potential in South Phoenix. The facility is a highly regarded K-8 charter school with a capacity of approximately 250 students.  ,.  The existing campus occupies 2.75 acres, with an additional 5.2 acres available for expansion.       Constructed in 2012, the striking 33,334-square-foot school building has been maintained in pristine condition and offers an efficient turnkey environment for continued educational use. Named in honor of NBA legend George "Iceman" Gervin, the Academy has established a strong presence within the community and, befitting its namesake, inspires every student to be an All-Star.        Positioned along Southern Avenue, the campus enjoys exposure to more than 22,000 vehicles per day, providing excellent visibility and community presence. Located approximately 1.5 miles from State Route 143 and with convenient access to Interstate 10 and Interstate 17, the location has easy access to the entire Phoenix metro area. The surrounding market includes more than 1,079,838 residents and consumer spending exceeding $13.5 billion, offering a deep population base that continues to grow at a rate outpacing the national average. Stretching between the Salt River and South Mountain Park and Preserve, the South Mountain community offers a diverse residential landscape with proximity to downtown Phoenix, located 6 miles away.  George Gervin Prep Academy presents a distinctive opportunity for educational operators and organizations seeking both immediate functionality and long-term growth potential.

FOR SALE DETAILS

PRICE

$13,850,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

George Gervin Prep Academy

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.95 AC

LAND SF

346,302 SF

ZONING

S-1

APN/PARCEL ID

122-86-018

ASK ABOUT THIS PROPERTY

Paul BlumWest USA CommercialMore Info
623-323-3125

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Paul BlumWest USA CommercialMore Info
623-323-3125

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