Skip to main content

Child Care

Skyrise School (KinderCare)

10406 N 51st Ave, Glendale, AZ 85302

Listing Price: $2,171,150

Cap Rate
6.00%
Tenant Name
KinderCare Education LLC
Years Remaining On Lease
7.1
Gross SF
7,127
Guarantor
No Guarantee
Rentable SF
7,127
Price/Gross SF
$304.64
Lease Type
Absolute Net
Rent Per Square Feet
$18.28

Investment Overview

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day.

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.

Investment Highlights

  • Approximately 7 Years Remaining on Absolute Triple-Net (NNN) Lease
  • KinderCare Education is the Largest Provider of Early Education in the Nation with More Than 1,500 Centers
  • Dense Trade Area in the Phoenix MSA With More Than 480,000 Residents Within a Five-Mile Radius
  • High Growth Trade Area With Households to Increase 3.58 percent Within Three Miles in the Next 4 Years
  • Located at the Corner of Peoria Ave and 51st Ave, Visible to More Than 48,000 Cars per Day

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

Skyrise School (KinderCare)

Listing Price: $2,171,150

Cap Rate
6.00%
Tenant Name
KinderCare Education LLC
Years Remaining On Lease
7.1
Gross SF
7,127
Guarantor
No Guarantee
Rentable SF
7,127
Price/Gross SF
$304.64
Lease Type
Absolute Net
Rent Per Square Feet
$18.28

Investment Highlights

  • Approximately 7 Years Remaining on Absolute Triple-Net (NNN) Lease
  • KinderCare Education is the Largest Provider of Early Education in the Nation with More Than 1,500 Centers
  • Dense Trade Area in the Phoenix MSA With More Than 480,000 Residents Within a Five-Mile Radius
  • High Growth Trade Area With Households to Increase 3.58 percent Within Three Miles in the Next 4 Years
  • Located at the Corner of Peoria Ave and 51st Ave, Visible to More Than 48,000 Cars per Day

Investment Overview

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day. 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.

Exclusively Listed By

Broker of Record

  • Ryan Sarbinoff

    First Vice President/Regional Manager

    (602) 687-6700

    License(s): AZ: BR675146000

    Arizona

Financing By

MM Texture Background
MM Textured Background Lower