6738 Mcdowell Rd Phoenix, AZ 85035
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.
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Imagine Desert West Elementary High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.