facebook

traded

+ Submit
Home

/

Deals

/

Arizona

/

Retail

/

Sale

/

3700 West Ray Road

California-Based Investor Acquires Busy Bees Childcare Property In Chandler For $3.3M
SOLDRetail

California-Based Investor Acquires Busy Bees Childcare Property In Chandler For $3.3M

3700 West Ray Road

$3,300,000

$302/SF

Building Size

10,904 SF

Asset Type

Retail

Closing

Apr 8, 2025

AI

A childcare property occupied by Busy Bees has been sold in Chandler, AZ. The retail asset, located at 3700 West Ray Road, comprises a total square footage of 10,904 and has been transacted for a price of $3,300,000. The property features an absolute triple-net lease with 15 years remaining.

Summary of transaction details:

A California-based private investor facilitated the acquisition of the property, indicating an ongoing interest in the childcare sector within the Chandler market. The transaction was brokered by SRS Real Estate Partners, highlighting their role in managing this deal.

Players

Alexander Moore

SRS Real Estate Partners

Broker

$224.5M

vol

18 deals

Broker

Chandler Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93