Property profile

12050 Bullard Ave Surprise, AZ 85379

OFF-MARKET
Specialty properties
Property ID
US07-2650704
45,578 SF 5.07 ac lot Built 2005
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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 Specialty properties
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

Location

12050 Bullard Ave Surprise, AZ 85379
Surprise metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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