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Child Care

Busy Bees - 12 Yr Abs NNN

21468 N 75th Ave, Glendale, AZ 85308

Listing Price: $3,422,000

Cap Rate
6.75%
Tenant Name
Busy Bees
Years Remaining On Lease
12.2
Guarantor
Franchisee Guarantee
Rentable SF
10,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.53

Investment Overview

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.
The city of Glendale is the sports destination for all of Arizona. Located about 9 miles northwest of Downtown Phoenix, Glendale is home to top shopping and dining districts, the largest Air Force Training base in the world, Midwestern University (metropolitan Phoenix’s first medical school) and a major postgraduate international business school: the Thunderbird School of Global Management. The city's estimated 2020 population was just under 250,000.

Investment Highlights

  • 12 Years Remaining on Absolute NNN Lease
  • Average Household Income Exceeds $140,000 within a 1-Mile Radius
  • 2% Annual Increases with Multiple Renewal Options
  • 232,516 Residents within a 5-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 - 12 Yr Abs NNN

Listing Price: $3,422,000

Cap Rate
6.75%
Tenant Name
Busy Bees
Years Remaining On Lease
12.2
Guarantor
Franchisee Guarantee
Rentable SF
10,730
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$21.53

Investment Highlights

  • 12 Years Remaining on Absolute NNN Lease
  • Average Household Income Exceeds $140,000 within a 1-Mile Radius
  • 2% Annual Increases with Multiple Renewal Options
  • 232,516 Residents within a 5-Mile Radius

Investment Overview

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. The city of Glendale is the sports destination for all of Arizona. Located about 9 miles northwest of Downtown Phoenix, Glendale is home to top shopping and dining districts, the largest Air Force Training base in the world, Midwestern University (metropolitan Phoenix’s first medical school) and a major postgraduate international business school: the Thunderbird School of Global Management. The city's estimated 2020 population was just under 250,000.

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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