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Child Care

Busy Bees - 15 Yr Abs NNN Corp

3700 W Ray Rd, Chandler, AZ 85224

Listing Price: $3,553,000

Cap Rate
6.63%
Tenant Name
Busy Bees
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,904
Lease Type
Absolute Net
Rent Per Square Feet
$21.61

Investment Overview

Marcus & Millichap is pleased to present for sale Busy Bees, located in Chandler, Arizona. Busy Bees is a leading international childcare business, focused on providing outstanding early years education to children, from babies, to school age. Founded in the UK in 1983, today Busy Bees operates around 1,000 sites in 10 countries, including the USA, Canada, Australia, Singapore, Malaysia and Italy. Our global diversification has also helped ensure the group’s ongoing resilience against economic, political and regulatory volatility in any particular territory.
Located in Metropolitan Phoenix, Chandler embodies an active lifestyle with easy access to outdoor recreation with endless family-fun, award-winning events, world-class golf facilities, and a vibrant downtown. Visitors and residents enjoy the diverse community with its vibrant restaurants of every cuisine, premier shopping, arts and culture and a wide range of things to do all year-round.

Investment Highlights

  • 15 Years Remaining on Absolute Triple-Net Lease
  • Corporate Guarantee from Busy Bees who Operates 990 Centers Globally, with 119 Centers in the US, and Strong Growth Plans
  • Average Household Income Exceeds $128,000 within a One Mile Radius
  • 2 Percent Annual Increases with Multiple Renewal Options
  • 308,774 Residents within a Five Mile Radius

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s) AZ: BR675146000

    Arizona

Financing By

Child Care

Busy Bees - 15 Yr Abs NNN Corp

Listing Price: $3,553,000

Cap Rate
6.63%
Tenant Name
Busy Bees
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,904
Lease Type
Absolute Net
Rent Per Square Feet
$21.61

Investment Highlights

  • 15 Years Remaining on Absolute Triple-Net Lease
  • Corporate Guarantee from Busy Bees who Operates 990 Centers Globally, with 119 Centers in the US, and Strong Growth Plans
  • Average Household Income Exceeds $128,000 within a One Mile Radius
  • 2 Percent Annual Increases with Multiple Renewal Options
  • 308,774 Residents within a Five Mile Radius

Investment Overview

Marcus & Millichap is pleased to present for sale Busy Bees, located in Chandler, Arizona. Busy Bees is a leading international childcare business, focused on providing outstanding early years education to children, from babies, to school age. Founded in the UK in 1983, today Busy Bees operates around 1,000 sites in 10 countries, including the USA, Canada, Australia, Singapore, Malaysia and Italy. Our global diversification has also helped ensure the group’s ongoing resilience against economic, political and regulatory volatility in any particular territory. Located in Metropolitan Phoenix, Chandler embodies an active lifestyle with easy access to outdoor recreation with endless family-fun, award-winning events, world-class golf facilities, and a vibrant downtown. Visitors and residents enjoy the diverse community with its vibrant restaurants of every cuisine, premier shopping, arts and culture and a wide range of things to do all year-round.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

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