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    OFF-MARKET
    Schools

    12050 Bullard Ave, Surprise, AZ 85379

    45,578 SF 5.07 ac lot Built 2005
    Property ID
    US07-2650704
    Property summary
    AI-generated overview

    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
    Verified
    Property type Schools
    Year built 2005
    Total area 45,578 SF
    Lot 5.07 ac (220,849 SF)
    UPID US07-2650704
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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