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1111 N Horne, Mesa, AZ, 85203

Childtime

$1,350,000

Key Information

Cap Rate
7.1%
Tot. SF
6,188
Lot Size
0.76 Acres
Year Built
1984
Term Remaining
± 3.7 Years
Type
Retail
Occupancy
100%
NOI
$96,000

Highlights

• Below Market Rent of $15.13/SF | Attractive Long-Term Occupancy Cost: Childtime currently pays just $15.13 per square foot, providing an attractive rent basis for a specialized childcare facility and supporting the tenant’s long-term occupancy at the location.
• Extensive Operating History Since 1984 | Over 40 Years at This Location: Childtime has operated at this location since 1984, demonstrating a longstanding commitment to the property and an established presence within the surrounding Mesa community.
• Strong Corporate Backing | Established National Childcare Operator: The property benefits from corporate backing by an established national childcare operator with a significant operating footprint across the United States.
• Strategic Infill Location | Surrounded by Schools, Recreation & Community Amenities: Ideally positioned near Kino Junior High School, Kino Aquatic Center, and Hohokam Stadium, with numerous additional schools, parks, recreational facilities, and community amenities throughout the surrounding area.
• Dense Residential Trade Area | ±116,000 Households Within 5 Miles: Strategically located within an established Mesa infill trade area with approximately 116,000 households within a five-mile radius, providing a substantial surrounding customer base for childcare and early education services.

Photos

Location

Agents

Broker of Record

Milton Braasch II

License # BR704344000, LC723965000 (AZ)
Matthews of Arizona, LLC
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251