Glendale, AZ 85308

KinderCare

Property Address

20245 North 67th Avenue, Glendale, AZ, USA

Offering Summary

  • Price: $4,358,000
  • Lot Size: 1.38 Acres
  • Cap Rate: 5.35%
  • Year Built: 1995
  • Building SF: 10,401
  • Status: In Escrow
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  • Absolute Triple-Net (NNN) Lease with Seven Years Remaining
  • Corporate Guaranty with KinderCare Learning Companies (2,000+ Locations)
  • 277,062 Residents within a Five-Mile Radius - Phoenix MSA
  • 4.4 Percent Rental Increase Occurring on July 1, 2024
  • Strong Performing Location - Unit is Currently at Maximum Student Capacity (168 Children)
  • Situated within a Safeway-Anchored Center - Neighboring Retailers Include Starbucks, McDonald's, Dunkin' Donuts, and Bank of America
  • Excellent Location within the Arrowhead Ranch Neighborhood, a Residential Community Home to Parks, Retail, Restaurants, and Two Golf Courses
  • Average Household Income Exceeds $119,000 within a One-Mile Radius
  • Located Immediately Off the Loop 101 Freeway (166,400+ Cars/Day)
  • Adjacent to The Legend at Arrowhead, a Championship Golf Club & Restaurant
  • Surrounded by National Retailers and Shopping Centers - The Village at Arrowhead, Arrowhead Ranch Center, Arrowhead Promenade, and The Citadelle
  • Minutes from Midwestern University (6,900+ Students)

Broker Information