Day Care Center with
For Sale
Contact for pricing
7115 N 55th Ave, Glendale, AZ 85301
Flexible commercial layout includes private offices, a kitchen, restrooms, and an outdoor play area.
Property Size1,457 SF
Price / SF$253.26
Days on Market142
Property Features for 7115 N 55th Ave
General Information
Standard status
Active
Size
1,457 SF
Property subtype
Office, Retail
Zoning
GCO - Glendale Centerline Overlay
Investment Type
Owner/User
Amenities
kitchen
playground with shade structure
solar panels
laundry hookups
extra power
vaulted ceiling
Listing Agency:
LevRose Commercial Real Estate
Listed By:
Bryn Norwood · License #AZ SA704090000
(480) 508-7442
Source:
Crexi
Added: Apr 15
Changed: Sep 1
Last Checked: Sep 1 at 11:00AM
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 LevRose Commercial Real Estate
Investment Insights
Based on property information with market context.
This 1,457-square-foot day care property features an open interior with two private offices, a kitchen, and two restrooms. The building also includes a vaulted ceiling, laundry hookups, and extra power. Outside, a playground with a shade structure supports the property’s day care configuration.
Building improvements include a new roof and HVAC system installed in 2023, along with owned solar panels added in 2023. The property is zoned GCO - Glendale Centerline Overlay and offers access to downtown Glendale. Its layout is also identified as suitable for preschool or office use.
Building improvements include a new roof and HVAC system installed in 2023, along with owned solar panels added in 2023. The property is zoned GCO - Glendale Centerline Overlay and offers access to downtown Glendale. Its layout is also identified as suitable for preschool or office use.
Key Highlights
- 1,457‑square‑foot day care property with open interior layout
- Two private offices, kitchen, and two restrooms
- Exterior playground with shade structure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,358
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$447,160
$447.2K
Cap Rate 7%
$319,400
$319.4K
Cap Rate 9%
$248,422
$248.4K
Market Conditions
NOI Build-Up for 1,457 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$38.5K $26.40/SF
− Vacancy
−$8.7K −$5.94/SF
EGI
$29.8K $20.46/SF
− OpEx
−$7.5K −$5.12/SF
NOI
$22.4K $15.35/SF
Area
Glendale, AZ
Vacancy
22.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$447,160
Cap Rate 7%
$319,400
Cap Rate 9%
$248,422
Alternative Uses
Best Use
Office B
$319.4K
$279.5K – $372.6K
NOI $22,358 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.7K
$400.5K – $533.9K
NOI $32,036 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,612
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 85301, AZ
67,380
Population
24,019
Households
2.8
Avg Household Size
30
Median Age
11%
College-Educated
71%
High-School Grad
9.3 sq mi
ZIP Area
7,245
Density / Sq Mi
$47,422
Median Household Income
$33,727
Median Earnings
$1,189
Median Rent
$218,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Tots Unlimited — 6390 N 59th Ave, Glendale, AZ 85301
- Glenn F. Burton Elementary School — 4801 W Maryland Ave, Glendale, AZ 85301
- Hermosa Givings Childcare — 6723 N 61st Ave, Glendale, AZ 85301
- Moore Creative Learning Center — 5412 W Glendale Ave, Glendale, AZ 85301
- The Children's Center — 5430 W Glenn Dr, Glendale, AZ 85301
Frequently Asked Questions
What type of property is this?
Day care center - Flexible commercial layout includes private offices, a kitchen, restrooms, and an outdoor play area.
Where is this day care center located?
The property is located at 7115 N 55th Ave Glendale, AZ.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 1,457‑square‑foot day care property with open interior layout; Two private offices, kitchen, and two restrooms; Exterior playground with shade structure
