Industrial & Logistics

Adtalem Global Education

2149 W Dunlap Ave Phoenix, AZ United States 85021-2982
Asking Price Contact for pricing
Sq. Footage 105,000
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1983

Property Description

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
Tivon Moffitt
Tivon Moffitt
SVP, Capital Markets
Licensed in
AZ - BR639369000 NE - 20170674 NC - LC673 UT - 11178542-AB00 NV - 186027
Peter Bauman
Peter Bauman
SVP, Capital Markets
Licensed in
AZ - SA647389000 NV-186153

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