Sunrise Preschool

2109 Bluejay Drive Gilbert, AZ 85295

2109 Bluejay Drive, Gilbert, AZ, 85295
2109 Bluejay Drive, Gilbert, AZ, 85295
FOR SALE
Property Type:
Schools/Education
Amount:
$2,150,000
Last Verified:
Jan 29, 2019

Highlights

  • Single tenant triple net leased investment with 13 years remaining on the lease term
  • Sunrise Preschools currently operates 29 schools in the greater Phoenix Metropolitan area with additional schools in the development process - all corporately owned
  • Below market lease rate of only $15.76 SF/year
  • Established and successful location since 2005 with 13 years remaining on a corporate guaranteed lease
  • 5% Increase every three years throughout lease term and three option periods
  • A population of over 76,000 lives within a three-mile radius of the property with an average household income of over to $100,000
  • Approximately 24.8% (roughly 44,449) of the population within a three-mile radius are children between 0-14 years old

Description

See Offering Memorandum

Known as the 2nd safest place to live in the U.S., the City of Gilbert is about 22 miles southeast of Phoenix
Prime location across from Gateway Pointe Elementary School with a student population of 745
Only within two miles of planned communities Cooley Station and Solara Townhomes offering over 1700 new homes

Building Size: 8500.0sq ft
Lot Size: 0.0 acres

Map of 2109 Bluejay Drive, Gilbert, AZ, 85295

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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:

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