Property summary
This exceptional investment opportunity presents Imagine Rosefield, a 45,578-square-foot, single-story charter school in Surprise, Arizona. Built in 2005 on a 5.07-acre lot, the property boasts a 100% occupancy rate under a long-term, absolute NNN lease with a prominent charter school operator, Schoolhouse Finance. The lease, with 7.5 years remaining and a 10-year renewal option, provides a secure, reliable cash flow with an average annual rental growth of 3% projected over the next decade. The school, serving grades K-5, benefits from its strategic location within a densely populated area of Surprise, surrounded by new residential communities. The property's operational history spans 17 years, demonstrating its enduring success and strong tenant performance. The absolute NNN lease structure ensures minimal landlord responsibilities and includes numerous reporting requirements for ongoing oversight. This is a free-and-clear offering with attractive financing options available. The property is part of a larger three-campus portfolio, but can be purchased individually. This is a high-performing, purpose-built asset ideal for investors seeking a stable, long-term investment in a rapidly growing market.
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
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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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