New Construction Learning Experience
6539-6543 E McKellips Rd Mesa, AZ
For Sale
Contact for pricing
Single tenant net lease retail investment in Mesa, Arizona.
Property Size10,095 SF
Lot Size1.63 Acres
Price / SF$671.12
Days on Market1018
Property Features for 6539-6543 E McKellips Rd
General Information
- Standard status
- Active
- Size
- 10,095 SF
- Lot size
- 1.63 Acres
- Property subtype
- RETAIL
Listing Agency:
Colliers | Phoenix
(602) 692-5222
Listed By:
Paul Holland · License #01809955
(602) 692-5222
Source:
Moodyscre
Added: Oct 13, 2023
Changed: Jul 10
Last Checked: Jul 21 at 8:07AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers | Phoenix
Investment Insights
Based on property information with market context.
This single-tenant net lease retail investment property is a newly constructed 10,095-square-foot building on a 1.63-acre parcel. The property is designed for The Learning Experience, which is ranked #43 on Entrepreneur’s Franchise 500 Ranking for 2023 and is one of the fastest-growing childcare franchises in the US, with over 600 locations open or under development. The lease has a 20-year primary term, with two 5-year option periods and 10% rent increases every 5 years. The property is strategically positioned on the hard corner of E McKellips Rd and N 66th St, one mile from AZ-202/Red Mountain Hwy. The location benefits from high traffic volume, with 49,585 vehicles per day on E McKellips Rd and 67,862 vehicles per day on AZ-202. The surrounding area has numerous schools at all levels of education, with over 15,700 students within a 3-mile radius. The property is located 30 minutes from downtown Phoenix, within a metropolitan statistical area with a population exceeding 4.65 million. The area has a strong residential base, with over 186,500 residents within a 5-mile radius and an average household income exceeding $117,000 within a 1-mile radius. Nearby retailers include Target, The Home Depot, Safeway, Fry’s, Walgreens, Bank of America, Starbucks, McDonald’s, Chick-fil-A, Taco Bell, and Wendy’s.
Key Highlights
- Single tenant net lease with limited landlord responsibilities.
- 20 year primary lease term with two 5 year options and 10% rent increases every 5 years.
- Brand new 10,095 SF construction on a 1.63 acre parcel.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
FAQs
What type of property is this?
Day care center - Single tenant net lease retail investment in Mesa, Arizona.
Where is this day care center located?
The property is located at 6539-6543 E McKellips Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $6,775,000.
What are key features of this property?
This property features: Single tenant net lease with limited landlord responsibilities.; 20 year primary lease term with two 5 year options and 10% rent increases every 5 years.; Brand new 10,095 SF construction on a 1.63 acre parcel.
