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2111 & 2121 E Broadway Rd 2 Retail Properties Offered at $2,530,526 CAD in Tempe, AZ
Investment Highlights
- Fully leased daycare facility generating annual NOI of approximately $101,224.
- Offered at $1,840,436 with a 5.5% capitalization rate.
- Two freestanding buildings totaling ±9,251 square feet with fenced yard.
- Current lease runs through September 2027 with two 5-year renewal options remaining.
- Situated on a 1.6-acre lot in Tempe with excellent regional access.
- Located near major highways, employment centers, and dense residential neighborhoods.
Executive Summary
This offering presents a fully leased daycare investment situated at 2111 & 2121 East Broadway Road in Tempe, Arizona. The property encompasses two buildings totaling approximately 9,251 square feet on a generous 1.6-acre parcel. Located in a highly accessible corridor within the Phoenix metropolitan area, the site benefits from strong traffic patterns and proximity to major highways and employment hubs.
The current tenant provides long-term stability, with a lease set to expire on September 4, 2027, and two remaining five-year renewal options. The property generates a current net operating income of $101,224.08, offering investors reliable cash flow supported by tenant commitment. With an offered purchase price of $1,840,436 at a 5.5% capitalization rate, the asset is positioned as a secure and attractive income-producing opportunity.
Tempe continues to experience consistent growth, driven by a dynamic economy, Arizona State University’s presence, and strong residential demand. The property’s R-O zoning and fenced yard enhance usability and operational appeal for its current and future potential uses. This stabilized investment combines location strength with enduring tenancy for a compelling acquisition in the heart of a thriving market.
The current tenant provides long-term stability, with a lease set to expire on September 4, 2027, and two remaining five-year renewal options. The property generates a current net operating income of $101,224.08, offering investors reliable cash flow supported by tenant commitment. With an offered purchase price of $1,840,436 at a 5.5% capitalization rate, the asset is positioned as a secure and attractive income-producing opportunity.
Tempe continues to experience consistent growth, driven by a dynamic economy, Arizona State University’s presence, and strong residential demand. The property’s R-O zoning and fenced yard enhance usability and operational appeal for its current and future potential uses. This stabilized investment combines location strength with enduring tenancy for a compelling acquisition in the heart of a thriving market.
Property Facts
| Price | $2,530,526 CAD | Number of Properties | 2 |
| Price / SF | $273.54 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 5.50% | Total Building Size | 9,251 SF |
| Sale Type | Investment | Total Land Area | 1.28 AC |
| Status | Active |
| Price | $2,530,526 CAD |
| Price / SF | $273.54 CAD / SF |
| Cap Rate | 5.50% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 9,251 SF |
| Total Land Area | 1.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 2121 E Broadway Rd, Tempe, AZ 85282 | Retail | 4,859 SF | 1973 | - |
|
Busy Bees Tempe Child Care Center
2111 E Broadway Rd, Tempe, AZ 85282 |
Retail | 4,392 SF | 1973 | - |
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2111 & 2121 E Broadway Rd
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