Entity Owned Property summary
This property is a leased retail/childcare facility configured for operation as a learning center and includes improvements that were made over time, such as a replaced roof, exterior painting, window upgrades, new interior flooring, upgraded cabinetry and countertops, and enhancements to signage; it also features a playground. It is operated under a long-term triple-net lease structure, with the tenant responsible for ongoing property expenses typical of triple-net arrangements, and is managed by Goddard Systems, LLC, the operator of The Goddard School franchise system. The surrounding area includes an established residential population base within nearby radii, with reported median household incomes in the broader trade area.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CC · Gilbert, AZThe purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of Community Commercial zoning is to allow the integration of less intense small to medium scale businesses within proximity of neighborhoods. The uses permitted within CC are limited in size and scale and ar…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CC in Gilbert, AZ.
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