For Sale
For Sale
-
Year Built
2018
-
Overview
Opportunity to acquire the Vertex Education Headquarters, a ±28,187 square foot, newly constructed, single-story office building at 3125 S. Gilbert Road in Chandler, Arizona. This fully leased property is situated on ±2.91 acres within the Chandler Airpark and is adjacent to one of its Legacy Traditional School campuses.
Visit our property website to view the offering memorandum.
The Property offers investors a unique opportunity to purchase a newly built asset occupied by a charter management organization corporate headquarters, with a new 15-year NNN lease with annual increases.
Vertex Education, Arizona’s largest charter management organization by way of enrollment, develops and manages Legacy Traditional Schools, the highest rated kindergarten to 8th grade school network in Arizona that also enjoys a Moody’s credit rating of Ba1.
Chandler Airpark is a nine-square-mile area that surrounds the Chandler Municipal Airport. It serves as the key employment center for the entire Southeast Valley, attracting research, technology and other knowledge-worker firms. Notable national and regional developers are developing within the Chandler Airpark, supplying the demand for new facilities from discerning employers who recognize the area’s quality amenities and skilled workforce.
Quality Tenant - A Leader in its Industry: Vertex Education is Arizona’s largest charter management organization by way of student enrollment. Vertex develops, manages and expands Legacy Traditional Schools’ network across Arizona and Nevada while adhering to the highest standards of student success.
Legacy Traditional’s 18 schools that serve more than 21,500 students have received numerous accolades including #1 charter school in Arizona for the fifth consecutive year, highest rated K-8 school network in Arizona, and Arizona campuses have outperformed each of their peer subgroups on the AzMERIT assessment. Through Vertex Education’s leadership, Legacy Traditional Schools also enjoys a Moody’s credit rating of Ba1.
Long-Term, Stable Cash Flow: The Property was built by Vertex Education in 2018 for their own use. The absolute NNN lease will provide a firm 15 years of term from the date of sale, will include 2% annual increases, with renewal options.
Vertsatile Building Improvement: The newly-built ±28,187 SF building was thoughtfully designed to support the Vertex Education team, and also serves as the central meeting place for all school district meetings. It provides for best-in-class building materials, and offers a highly efficient layout that promises maximum flexibility to its occupant.
Lease Structure & Term: Absolute NNN; 15 years from date of sale
Net Operating Income: $581,147 (7/1/2019 – 6/30/2020)
Property Details
Fully Leased Single-Story Office Building for Sale in Chandler
Opportunity to acquire the Vertex Education Headquarters, a ±28,187 square foot, newly constructed, single-story office building at 3125 S. Gilbert Road in Chandler, Arizona. This fully leased property is situated on ±2.91 acres within the Chandler Airpark and is adjacent to one of its Legacy Traditional School campuses.
Visit our property website to view the offering memorandum.
The Property offers investors a unique opportunity to purchase a newly built asset occupied by a charter management organization corporate headquarters, with a new 15-year NNN lease with annual increases.
Vertex Education, Arizona’s largest charter management organization by way of enrollment, develops and manages Legacy Traditional Schools, the highest rated kindergarten to 8th grade school network in Arizona that also enjoys a Moody’s credit rating of Ba1.
Chandler Airpark is a nine-square-mile area that surrounds the Chandler Municipal Airport. It serves as the key employment center for the entire Southeast Valley, attracting research, technology and other knowledge-worker firms. Notable national and regional developers are developing within the Chandler Airpark, supplying the demand for new facilities from discerning employers who recognize the area’s quality amenities and skilled workforce.
Quality Tenant - A Leader in its Industry: Vertex Education is Arizona’s largest charter management organization by way of student enrollment. Vertex develops, manages and expands Legacy Traditional Schools’ network across Arizona and Nevada while adhering to the highest standards of student success.
Legacy Traditional’s 18 schools that serve more than 21,500 students have received numerous accolades including #1 charter school in Arizona for the fifth consecutive year, highest rated K-8 school network in Arizona, and Arizona campuses have outperformed each of their peer subgroups on the AzMERIT assessment. Through Vertex Education’s leadership, Legacy Traditional Schools also enjoys a Moody’s credit rating of Ba1.
Long-Term, Stable Cash Flow: The Property was built by Vertex Education in 2018 for their own use. The absolute NNN lease will provide a firm 15 years of term from the date of sale, will include 2% annual increases, with renewal options.
Vertsatile Building Improvement: The newly-built ±28,187 SF building was thoughtfully designed to support the Vertex Education team, and also serves as the central meeting place for all school district meetings. It provides for best-in-class building materials, and offers a highly efficient layout that promises maximum flexibility to its occupant.
Lease Structure & Term: Absolute NNN; 15 years from date of sale
Net Operating Income: $581,147 (7/1/2019 – 6/30/2020)
- Property TypeOffice
- Submarket
- Year Built2018
- Total Acres0.65
- Number of Floors1
- Property ID2118492
Landlord's Sales Representatives
See your financing options
- <a href="/admin"><img alt="OfficeSpace.com Admin" src="//d2apc0nnfc3jtp.cloudfront.net/assets/components/admin_menu/logo-101ec2a0e1bb618b4af32737fc856b6d.png" /></a>
- <li class="action"><a href="/admin/buildings/2118492-3125-s-gilbert-rd" rel="nofollow" target="_blank">View building</a></li><li class="action"><a href="/admin/buildings/2118492-3125-s-gilbert-rd/edit" rel="nofollow" target="_blank">Edit building</a></li>