Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    6738 Mcdowell Rd Phoenix, AZ 85035
    Property profile & analytics

    6738 Mcdowell Rd, Phoenix, AZ 85035

    View on Map
    • Schools
    • 128,925 SF
    • 13.85 lot acres
    Off-Market
    Property ID
    US07-2671805
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Imagine Desert West Elementary / High School

    Property Details for 6738 Mcdowell Rd

    Lot size
    13.85 lot acres
    Property type
    Schools

    Description

    This exceptional investment opportunity presents a portfolio of three thriving charter schools located across high-growth areas in Arizona and Nevada. The portfolio totals approximately 128,925 square feet situated on 13.85 acres. Each school operates under a long-term, absolute NNN lease with Schoolhouse Finance, a leading charter school operator, ensuring consistent and reliable cash flow. The leases offer a weighted average lease term (WALT) of 6.7 years, with individual lease terms ranging from 4 to 8 years and renewal options. Two schools are purpose-built for K-5, while the Las Vegas location is a fully renovated K-6 campus. These established schools, operational for 14 to 18 years, benefit from high barriers to entry and are surrounded by new residential communities. Projected annual rental growth averages 2.7% over the next decade. The portfolio is offered free and clear of debt, with attractive financing options available. This presents a unique opportunity for investors seeking a stable, high-performing investment in the education sector. Individual school locations include Phoenix and Surprise, Arizona, and Las Vegas, Nevada. The portfolio's strong operational history, long-term leases, and prime locations make it an attractive investment with significant potential for future growth.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.2056821
    Latitude
    33.4667043

    Comparable in this City

    • $1,732,000
      2,855 SF

      Circle K NNN Ground Lease

      Absolute NNN ground lease with zero landlord responsibilities.
      7424 West Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Signalized Intersection Land Opportunity

      Land for rent at a high-traffic, signalized intersection.
      83rd Ave & Thomas Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      37,074 SF

      La Quinta Inn & Suites

      67-key hotel along Interstate 10 corridor in West Phoenix.
      4929 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Vacant Land Near High-Traffic Intersection

      Vacant land suitable for office, retail, or multifamily development.
      5910 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      142,750 SF

      Phoenix Redevelopment Opportunity

      142,750 SF redevelopment opportunity in Phoenix, zoned RSC.
      7611 W Thomas Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      14,995 SF

      Walgreens For Sale in Phoenix

      Walgreens retail property available in Phoenix, Arizona.
      4315 W Mcdowell Rd, Phoenix, AZ 85035
      View Details

    Similar Nearby for Sale

    • $1,732,000
      2,855 SF

      Circle K NNN Ground Lease

      Absolute NNN ground lease with zero landlord responsibilities.
      7424 West Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      37,074 SF

      La Quinta Inn & Suites

      67-key hotel along Interstate 10 corridor in West Phoenix.
      4929 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Vacant Land Near High-Traffic Intersection

      Vacant land suitable for office, retail, or multifamily development.
      5910 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Signalized Intersection Land Opportunity

      Land for rent at a high-traffic, signalized intersection.
      83rd Ave & Thomas Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      142,750 SF

      Phoenix Redevelopment Opportunity

      142,750 SF redevelopment opportunity in Phoenix, zoned RSC.
      7611 W Thomas Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      14,995 SF

      Walgreens For Sale in Phoenix

      Walgreens retail property available in Phoenix, Arizona.
      4315 W Mcdowell Rd, Phoenix, AZ 85035
      View Details

    Similar Nearby for Lease

    • $1.05 SF/Yr

      Industrial Suites For Lease

      Industrial suites available for lease with loading and truckwell access.
      4655 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Freestanding Drive-Thru Redevelopment Opportunity

      Redevelopment opportunity for a freestanding drive-thru restaurant.
      5109 W Thomas Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      5,917 SF

      Warehouse Space Available For Rent

      End cap warehouse space with evaporative cooling, available 6/1/2025.
      4625 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing
      39,636 SF

      Phoenix Warehouse Space Available

      Available warehouse space with freeway visibility in Phoenix, Arizona.
      4615 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • $1.35 SF/Yr

      Industrial Space For Lease

      Industrial property available for lease with frontage on W McDowell.
      4845 W Mcdowell Rd, Phoenix, AZ 85035
      View Details
    • Contact for pricing

      Prime Commercial Land for Lease

      1.16 acre pad site ready for development.
      75th Ave & Mcdowell Rd, Phoenix, AZ 85035
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6738 Mcdowell Rd
    Phoenix, AZ 85035
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6738 Mcdowell Rd, Phoenix, AZ, 85035
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!