Adtalem Global Education

2149 W Dunlap Ave Phoenix , AZ 85021-2982

Adtalem Global Education - industrial for sale

Overview



Office education campus totaling 122,646 sq. ft. for sale in Phoenix, Arizona. Property is 100% leased by Adtalem Global Education, a leader in the healthcare education sector in the U.S. and globally. The property is located in an Opportunity Zone and is a critical component to Adtalem’s Chamberlain College of Nursing school. The tenant has a long-established history at this location and has a market-leading advantage by producing Bachelor of Science in Nursing degrees in only 3 years, while offering competitive tuition pricing. Adjacent to a Light Rail Station for easy access.

Investment highlights


  • Property includes a favorable net lease structure with the tenant paying all expenses
  • Lease is set to expire in 2024 with options
  • Parcel is nearly 15 acres, with a 7.4 per 1000 sq. ft. parking ratio
  • Located within an Opportunity Zone
General
Property type Industrial
Tenure type Sale/Purchase
Property address 2149 W Dunlap Ave, Phoenix, AZ 85021-2982
Market Phoenix
Building size 105,000  ft2
Year built 1983
Financial
Price Confidential
Cap rate Confidential
Current NOI $1,765,383.00
Lease

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