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8348 W Deer Valley Road, Peoria, AZ, 85382

The Goddard School
$7,457,142

Key Information

Cap Rate
7%
Tot. SF
11,444
Lot Size
1.28 Acres
Year Built
2025
Term Remaining
±15 YRS
Type
Retail
Occupancy
100%
NOI
$43,500

Highlights

  • Long-Term, Passive Income Stream: New 15-year lease in place, providing predictable, long-duration cash flow for investors.
  • Structured Rent Growth: Lease terms include attractive 2% annual rental escalations, enhancing income stability and long-term return potential.
  • Modern Construction: Asset built in 2025, minimizing near-term capital expenditure requirements and obsolescence risk.
  • Credit Support: Lease backed by a strong personal guarantee (details available through broker), reinforcing tenant commitment and lease enforceability.
  • Sector Demand Drivers: Property is positioned to serve growing demand for early childhood education and care, supported by nearby schools and family-oriented demographics.
  • Favorable Demographics: The surrounding market features an affluent base with average household incomes that exceed $100,000 per year, supporting childcare affordability and ongoing demand.
  • Prime School Proximity: Situated in a dense, family-oriented pocket of Peoria with immediate proximity to multiple elementary, middle, and high schools, reinforcing demand for childcare and early education services.
  • Rapid Area Growth: Peoria has experienced approximately 22% population growth since 2020, with an additional 7% growth projected over the next five years, supporting sustained service demand.
  • Affluent Trade Area: The surrounding area features average household incomes exceeding $140,000, indicative of strong purchasing power and the ability to support tuition-based childcare services.
  • High-Growth MSA: Located within the high-growth Northwest Phoenix MSA, benefiting from continued residential expansion and in-migration trends.

Photos

Location

Agents

Broker of Record

David Harrington

License # CO701910000, BR715518000 (AZ)
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251
4110 N Scottsdale Rd Suite 100, Scottsdale, AZ 85251