Investment Opportunity - Long Established Day Care

704 E Butler Phoenix, AZ 85020

704 E Butler, Phoenix, AZ, 85020
704 E Butler, Phoenix, AZ, 85020
Property Type:
$500,000 to $600,000
Cap Rate:
Last Verified:
Dec 21, 2015

Free-standing, fully leased daycare building. New 10-year lease renewal with the existing tenant, an experienced daycare operator with multiple locations in Arizona. The tenant has been in business at the location for 6 years. DES Certified location with a newly updated kitchen meeting state health department and DES requirements. New roof and all new A/C units. Located at 7th Street & Butler Drive in Phoenix, Arizona. Close proximity to Cave Creek Road.

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.