6542 E McKellips Rd Mesa, AZ 85205
Single tenant property in Mesa, Arizona, fully occupied by The Learning Experience.
Type:Retail
Property size:
10,095 SFLot size:
1.63 AcresPrice / SF:
$671/SF- Added:
- Oct 9, 2023
- Days on Market:
- 926
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 6542 E McKellips Rd
General Information
- Standard status
- Active
- Size
- 10,095 SF
- Lot size
- 1.63 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Paul Holland License #SA022775000
Listing office Colliers - Phoenix, Arizona
Listing date Oct 9, 2023
Source Crexi
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, Arizona
Overview
Mesa Net Leased Investment
This single tenant net leased investment is fully occupied by The Learning Experience in Mesa, AZ. The property features a new 20-year lease, two 5-year option periods, and 10% rent increases every 5 years. Landlord responsibilities are limited. The new 10,095 SF facility is positioned on a 1.63-acre lot at the hard corner of E McKellips Road and N 66th Street. The location sees 49,585 vehicles per day and is a mile from AZ-202/Red Mountain Hwy, which sees 67,862 vehicles per day. The property is located within the Phoenix MSA, which has a population exceeding 4.65 million. 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. The Learning Experience is one of America’s fastest growing childcare franchises, was #43 on Entrepreneur’s Franchise 500 ranking for 2023, and has over 600 locations open or under development across the country. This new construction property offers a long-term lease and rent increases, providing years of inflation resistant income.
Location Intelligence
Current Use by Public Records
Day care centers
Similar Places Nearby
- Self Development Preschool — 1721 N Greenfield Rd, Mesa, AZ 85205
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.687415
- Latitude
- 33.452313
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - Single tenant property in Mesa, Arizona, fully occupied by The Learning Experience.
Where is this day care center located?
The property is located at 6542 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: New 20‑year lease with The Learning Experience.; 10% rent increases every 5 years.; New construction (2023) 10,095 SF facility on a 1.63‑acre lot.
