Retail    

Busy Bees

 Goodyear (Phoenix), AZ

Asking Price

$7,944,444

Cap Rate

6.75%

Icons_YrBuilt-Hammer-Icon

New

Construction

Icons_AbsNNN-Icon

15-Year Abs NNN

Corporate Lease

Icon_guarantee_shield-1

990-Unit

Corporate Operator

Icons_Population-Icon

207K+

Population (5-Mi)

Icons_AvgHHI-Icon

$120K+

Avg HHI (5-Mi)

For more details on this exclusive listing

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Top 5 Global Corporate Operator (990+ Locations)
    Busy Bees Operates 990 Centers Globally, with 119 Centers in the US, and Strong Growth Plans. The Ontario Teacher's Pension is Invested in Busy Bees and Has Invested in Brands Like 24 Hour Fitness, Flynn Restaurant Group as well as Several Others. Busy Bees Has Been in Business Since 1983.
  • Recently Completed 2024 Construction w/ New 15-Year Absolute NNN Lease & 10% Increases Every 5 Years
  • Full Corporate Lease Guaranty (No Burn Off or Expiration)
  • Expansion of Existing 9 Schools in Phoenix MSA
    Busy Bees Acquired 9 Established Schools in the Phoenix Market, This School Represents Further Market Expansion While Leveraging its Existing Footprint.
  • Population Counts Exceed 206k in a 5-Mile Radius and Are Projected to Grow 8.14% by '28
  • Average HH Income of $114k+ in a 5-Mile and Projected to Grow 16%+ by '28
  • Located Near Goodyear Developing Civic Center, GSQ
    GSQ is a New Mixed-Use Development Underway Less Than 2 Miles from the Property, which will include a New City Hall, Library, Class A Office Building, Restaurants, and Retail.
  • Strong Mix of Retail & Industrial Surrounding the Property
    Well Located to Serve as a go-to Childcare Provider for Many Nearby Employers. Nearby National Brands Include O'Reilly Auto Parts, Arby's, Sam's Club, The Home Depot and More.
  • Feeder School for Palm Valley Elementary School Rancho Sante Fe Elementary School, Canyon Breeze Elementary School, Littleton Elementary Schools
  • $354+ Million Spent on Education & Day Care in a 10-Mile Radius

Exclusively Listed By

BJ Feller

SVP & Managing Director
  Contact Broker   
AZ Lic # BR685825000

Northmarq

303 East Wacker Drive | Suite 1111
Chicago, Illinois


northmarq.com