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720 E Warner Rd Gilbert, AZ 85233

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For Sale
$5,164,000

Long-term leased day care center with annual rent increases.

Property size:
8,068 SF
Lot size:
0.89 Acres

Property Features for 720 E Warner Rd

General Information

Size
8,068 SF
Lot size
0.89 Acres

Source: Matthews Real Estate Investment Services | Phoenix Agent Hudson DeJean

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


Overview

Gilbert Investment Opportunity

This property is a long-term, absolute triple net (NNN) leased investment opportunity. The tenant will enter into a 15-year absolute triple net lease, ensuring a passive investment structure. The lease includes 2.75% annual rent increases, providing consistent income growth and acting as a hedge against inflation. The operator has invested over $600,000 in capital improvements, including a new roof, exterior paint, upgraded windows, new flooring, cabinets and countertops, enhanced signage, and a playground. The property is located in an area with a population of 130,354 residents within a 3-mile radius, with household incomes exceeding $147,130. Within a 5-mile radius, there are 361,018 residents earning an average household income of over $134,829. The tenant is Goddard Systems, LLC, the manager of The Goddard School franchise system, established in 1988 with over 35 years of experience in childhood development. The Goddard School has over 600 franchised locations across 37 states, serving over 75,000 students from six weeks to six years old. The Goddard School was noticed as #70 in Franchise Time’s Top 400 and is included in Franchise Business Review’s Top 200 franchises.
Insight Report Location Intelligence

Current Use by Public Records

The Goddard School of Gilbert ... Day Care Center

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Gilbert
County
Maricopa
State
Arizona
Longitude
-111.7742665
Latitude
33.336564

FAQs

What type of property is this?
Day care center - Long-term leased day care center with annual rent increases.
Where is this day care center located?
The property is located at 720 E Warner Rd Gilbert, AZ.
What is the asking price?
The asking price for this property is $5,164,000.
What are key features of this property?
This property features: - Long-term (15 year) absolute triple net (NNN) lease offers a passive investment.; - Premium tenant: Goddard Systems, LLC, a leading provider of early childhood education.; - Enjoy consistent income growth with above-market 2.75% annual rent increases.
More about this property
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