Tutor Time

27,015 SF | Retail Building | Cave Creek, AZ 85331 | $13,018,647 ($482/SF) | 9.87% Cap Rate

Date Added:
September 16, 2024
Days on Market:
2 days

Asking Price $13,018,647

Property Type
Retail
Square Feet
27,015 SF
Price / Square Foot
$482

Listing Contacts

Simon Assaf
Simon Assaf
Verified Profile
  • Property Info

Property Overview

Simon Assaf
License No. CO701910000
(866) 899-0550
Matthews Real Estate Investment Services, Inc.
4110 N Scottsdale Rd Suite 100,
Scottsdale, AZ 85251

Property Details

Class
B
Year Built
2008
Stories
1
Property Subtype
Day Care Facility/Nursery
Lot Size (sq. ft)
136,778 SF

Highlights

  • LOCATION AND GROWTH POTENTIAL: Situated on a strategic corner that witnesses daily traffic of just under 33,000 VPD per day.
  • Double Digit Cap Rate in next 2 years.
  • ZERO LANDLORD RESPONSIBILITY: The property is an Absolute NNN.
  • CORPORATE LEASE: The Lease is signed by Learning Care Group, Inc (Parent Company).
  • ANNUAL INCREASES: 1.75%
  • The Valley recorded 1.4 million SF of net absorption over the past 12 months, ranking Phoenix as one of the nation’s top 10 strongest demand markets.

FAQ

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].