720 E Warner Rd
Gilbert, AZ 85296
Downtown Gilbert
HIGHLIGHTS
- LONG TERM ABSOLUTE TRIPLE NET (NNN) LEASE – The tenant will enter into a 15 year absolute triple net lease
- ABOVE MARKET RENT INCREASES – The lease will call for 2.75% annual rent increases creating consistent income growth
- SIGNIFICANT CAPITAL IMPROVEMENTS – The operator has demonstrated a significant long-term commitment in the property
- AFFLUENT DEMOGRAPHIC – A population of 130,354 residents with household incomes exceeding $147,130 in a 3-mile radius
- PREMIUM TENANT – Goddard Systems, established in 1988 with over 35 years of experience in childhood development
- NATIONWIDE RECOGNITION – The Goddard School was noticed as #70 in Franchise Time’s Top 400
FOR SALE DETAILS
PRICE
$4,795,000 USD
PRICE/SF
$594 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
THE GODDARD SCHOOL
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.89 AC
LAND SF
38,768 SF
ZONING
C-C
APN/PARCEL ID
309-12-497
ASK ABOUT THIS PROPERTY
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605-941-3721
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Please correct the highlighted field(s).
605-941-3721
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