6542 Mckellips Rd Mesa, AZ 85205
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High-yield NNN lease, strong tenant.
Property size:
10,095 SFProperty Features for 6542 Mckellips Rd
General Information
- Property type
- Day care centers
- Square Feet
- 10,095 SF
- Lot Size
- 71,003 SF
Building Details
- Year Built
- 2023
Listing Agency: Colliers Listing Agent: Eric Carlton
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional investment opportunity presents a brand-new, 10,095-square-foot daycare facility in Mesa, Arizona, fully occupied by The Learning Experience under a 20-year net lease (NNN) commencing October 1, 2024, and expiring September 30, 2044. The property boasts a 5.95% cap rate and a strong NOI of $434,085, with a sale price of $7,295,000 ($722.63/sq ft). Situated on a 1.63-acre lot at 6542 E McKellips Rd (APN: 141-65-082A, 141-65-083A, 141-65-084A & 141-65-085A), this property benefits from a prime location near major roadways, including E McKellips Road (49,585 vehicles per day) and AZ-202/Red Mountain Hwy (67,862 vehicles per day), within the high-growth Phoenix MSA. The property is strategically positioned near numerous national retailers, including Target, Home Depot, Safeway, and more, ensuring high visibility and accessibility. The lease includes 10% rent increases every five years, providing built-in inflation protection. Built in 2023, the facility features a 20-year roof warranty. This investment offers a compelling combination of a strong tenant, long-term lease, and significant upside potential, making it an ideal addition to any portfolio. The tenant, The Learning Experience, is a rapidly expanding national franchise with over 600 locations. This property represents a rare opportunity to acquire a high-quality, net-leased asset with exceptional long-term growth prospects.
Property Profile
Location Intelligence
Current Use by Public Records
Day care centers
Location Insight
- Map
- Local Demand
- City
- Mesa
- County
- Maricopa
- State
- Arizona
- Longitude
- -111.6898693
- Latitude
- 33.4518605
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FAQs
What type of property is this?
Day care center - High-yield NNN lease, strong tenant.
Where is this day care center located?
The property is located at 6542 Mckellips Rd Mesa, AZ.
What is the asking price?
The asking price for this property is $7,295,000.
What are key features of this property?
This property features: Brand new, 10,095 SF daycare facility in Mesa, AZ, with a 20-year NNN lease to The Learning Experience, starting October 1, 2024.; High-profile location near major roadways (E McKellips Rd & AZ-202), with high traffic counts and proximity to Target, Home Depot, and Safeway.; Corporate guarantee exceeding $750,000 over five years, backed by Golden Gate Capital.
