$2,546,000 USD
510-289-1166
HIGHLIGHTS
- New 15-Year NNN Lease to KinderCare with a Corporate Guaranty
- 2% Annual Rental Escalations Throughout Primary Term & Options
- Below Market Rent Positions Tenant for Continued Long-Term Success
- Strategically Positioned Just Off Highly Trafficked E Broadway Boulevard (40,005 ADT) Leading Directly to Downtown Tucson (9 Miles)
- 6 Miles from Davis-Monthan Air Force Base & 9 Miles from The University of Arizona
- Easily Accessible Suburban Location with Dense Population Base
OVERVIEW
New 15-year NNN lease to KinderCare with a corporate guaranty and 2% annual rent increases in Tucson, Arizona, an emerging tech and innovation hub.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000
Inquiries by residents and properties owners of the State are to be made to Scott Reid.
FOR SALE DETAILS
PRICE
$2,546,000 USD
PRICE/SF
$654 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1971
SPRINKLERS
-
PARKING SPACES
14
LAND DETAILS
LAND ACRES
0.46 AC
LAND SF
20,038 SF
ZONING
C-1
APN/PARCEL ID
134-09-015H
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
510-289-1166
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
510-289-1166
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
