Imagine Schools Arizona and Nevada Portfolio

Call For Offers: Wed. July 17, 2024

Colliers is pleased to exclusively offer for sale to qualified investors a portfolio of three high-performing charter schools strategically located in Arizona and Nevada that are subject to long-term, absolute NNN lease structures. The campuses operate as Imagine Schools and consist of ±128,925 square feet located on ±13.85 acres. The leases are with Schoolhouse Finance, one of the nation’s most prominent operators, offering an investor with an institutional-quality investment of reliable cash flow. Schoolhouse Finance and the Imagine Schools charter management organization provide the necessary checks and balances to maintain appropriate oversight, secure the cash flow, and assure optimal performance throughout the investment.

These campuses have long operational histories, having been open for between 14 and 18 years. Overall, the Portfolio provides a weighted average lease term (“WALT”) of 6.7 years, with individual lease terms that range from 4.0 to 8.0 years. Each campus is strategically located, and within highly desirable growth markets of Phoenix and Las Vegas.