For Sale
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Property summary
This exceptional investment opportunity presents a fee-simple, single-tenant, net-leased daycare facility in Tucson, Arizona. The property, a 13,650 square foot Class A building constructed in 2003 and renovated in 2024, sits on a 1.62-acre lot (70,567 sq ft) at a high-traffic intersection of Alvernon Way and Grant Road, boasting daily traffic counts exceeding 75,000 vehicles. The property is 100% occupied by Children's Learning Adventure under a new 15-year lease (commencing at closing), featuring two 5-year renewal options. Rent is $439,633 annually, with rent bumps of the lesser of 8% or 300% CPI every five years. The property boasts a 6.49% cap rate and a $6,774,012 asking price ($496.26/sq ft). The land value is $95.94/sq ft. Nearby retailers include Walmart, Sprouts, Starbucks, Whole Foods, Trader Joe's, VASA Fitness, and Chase. This NNN lease minimizes landlord responsibilities, offering a stable, long-term, inflation-resistant income stream. The permitted zoning is C-1, Tucson. This is a turnkey investment ideal for those seeking a secure, high-return asset in a prime location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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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