PROPERTY OVERVIEW2946 East Cheery Lynn Road is a 1,960 square foot freestanding building, fully occupied by LittleExplorer's Learning Center. The tenant currently has two other Phoenix locations. Their currentlease runs through the middle of 2022. The property was completely renovated in the beginningof 2017, including additional plumbing, updated electrical, renovated restrooms, and new carpet,tile and interior paint. This property has been occupied by a daycare center for over 50 years.

LOCATION OVERVIEWThe property is located within a residential neighborhood in East Phoenix, off of 30th Streetbetween Osborn and Thomas Road. The SR-51 Freeway is located less than one mile to the eastof the property. Also less than one mile away is the Phoenix Children's Hospital.

PROPERTY HIGHLIGHTS• NNN Lease through 7/31/2022• Tenant Responsible for all Property

Maintenance• Property Renovated in 2017

• Daycare Location for over 50 Years• Established East Phoenix Location• Close Proximity to SR-51 Freeway

PROPERTY SUMMARYSale Price: $425,000

Cap Rate: 9.3%

Lot Size: 0.2 Acres

Building Size: 1,960 SF

Year Built: 1950

Zoning: R1-6

Cross Streets: 30th Street & Cheery Lynn Road

Vice PresidentT 480.565.3772C 480.205.7681

jennifer.eggert@orionprop.com

JENNIFER EGGERTSenior Vice President

T 480.612.0384C 480.226.8037

nick.miner@orionprop.com

NICK MINER, CCIM

www.orionprop.com

2946 EAST CHEERY LYNN ROAD, PHOENIX, ARIZONA

LITTLE EXPLORER'S LEARNING CENTERA RETAIL INVESTMENT OPPORTUNITY

Vice PresidentT 480.565.3772C 480.205.7681

jennifer.eggert@orionprop.com

JENNIFER EGGERTSenior Vice President

T 480.612.0384C 480.226.8037

nick.miner@orionprop.com

NICK MINER, CCIM

www.orionprop.com

2946 EAST CHEERY LYNN ROAD, PHOENIX, ARIZONA

LITTLE EXPLORER'S LEARNING CENTERA RETAIL INVESTMENT OPPORTUNITY