Property summary
This exceptional 9,029 square foot, single-story preschool in Surprise, Arizona, presents a compelling investment opportunity. Built in 2024, the property boasts a 100% occupancy rate with a long-term corporate guaranteed lease (four or five-year options). The absolute NNN lease structure minimizes landlord responsibilities. The property sits on a 1.35-acre lot and enjoys excellent visibility, located less than one mile from Loop 303 at a major intersection with high vehicle traffic. The surrounding area features strong retail presence, including a Fry's Marketplace, and a rapidly growing residential population with high household incomes, creating a robust demand for childcare services. Significant planned developments nearby promise continued growth and increased property value. The asking price is $5,616,000, representing a 6.75% cap rate and a NOI of $379,054. This is a rare opportunity to acquire a high-performing, well-located preschool with significant long-term growth potential. The property's strong financials, coupled with its prime location and favorable lease terms, make it an ideal addition to any investment portfolio.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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