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3300 E Union Hills Dr Phoenix, AZ 85024

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For Sale
$3,350,000

NNN leased day care center with 12 years remaining.

Property size:
9,492 SF
Lot size:
1.49 Acres

Property Features for 3300 E Union Hills Dr

General Information

Size
9,492 SF
Lot size
1.49 Acres

Source: Marcus & Millichap | Phoenix Agent Spencer Berkley

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

NNN Leased Day Care Center

This property is a corporately run day care center location from Busy Bees, which operates 990 centers globally, including 119 centers in the US, and has strong growth plans. The tenant is backed by The Ontario Teacher's Fund, which is invested in Busy Bees and has invested in brands like 24 Hour Fitness and Flynn Restaurant Group. The property has 12 years remaining on an absolute NNN lease with 2% annual increases and multiple renewal options. The location benefits from a high average household income exceeding $111,000 within a 5-mile radius, and a population of 261,548 residents within the same radius. Busy Bees has acquired 9 schools in the Phoenix market, and this school represents further market expansion. BrightPath Kids is one of North America’s largest child care providers. The property is 9,492 square feet.
Location Intelligence

Current Use by Public Records

Busy Bees North ... Day Care Center

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Phoenix
County
Maricopa
State
Arizona
Longitude
-112.0111685
Latitude
33.6558172

FAQs

What type of property is this?
Storefront property - NNN leased day care center with 12 years remaining.
Where is this storefront property located?
The property is located at 3300 E Union Hills Dr Phoenix, AZ.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: - Absolute NNN Lease with 12 Years Remaining; - Corporately Run Location by Busy Bees (990 Centers Globally); - Tenant Backed by The Ontario Teacher's Fund
More about this property
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