For Sale
$6,105,323

16450 Yuma RdGoodyear, AZ 85338

Net-leased daycare; strong ROI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a brand-new, 9,890-square-foot daycare center in Goodyear, Arizona. The property, built in 2023, is situated on a 1.11-acre lot at 16450 W Yuma Rd, 85338, within the Sarival Marketplace, anchored by Fry's Marketplace. The Learning Experience, a rapidly expanding national brand with over 450 locations, occupies the entire space under a 20-year net lease (NNN) commencing April 1, 2023, and expiring March 31, 2043. The lease includes a strong corporate guarantee and features built-in rent increases of 6% every five years. The property boasts a current Net Operating Income (NOI) of $387,688, representing a 6.35% capitalization rate and a price per square foot of $617.32. The asking price is $6,105,323. This investment benefits from Goodyear's robust population growth, making it an attractive option for long-term, secure cash flow. The property's prime location within a thriving retail center ensures high visibility and consistent traffic. The 20-year lease term, combined with the tenant's financial strength and the built-in rent escalations, provides a hedge against inflation and minimizes landlord responsibilities. This is a rare opportunity to acquire a high-quality, net-leased investment property in a rapidly growing market. The property features a 20-year roof warranty.

Highlights

  • $6,105,323 asking price for a 9,890 SF retail property.
  • Net-leased investment with a 6.35% cap rate and $387,688 NOI.
  • 20-year NNN lease with The Learning Experience, commencing April 1, 2023.
  • Located in Goodyear, AZ, at 16450 W Yuma Rd, in a high-profile location within Sarival Marketplace.
  • Brand new 2023 construction with a 1.11-acre lot.

Property Details for 16450 Yuma Rd

Property type
Day care centers & nurseries, Retail properties
Square Feet
9,890 SF
Year Built
2023
Lot Size (sq. ft)
48,352 SF

Location Insight

City
Goodyear
County
Maricopa
State
Arizona
Latitude
33.43698
Longitude
-112.412512
16450 Yuma Rd, Goodyear, Arizona

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16450 Yuma Rd
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