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Progressive Real Estate Partners Brokers $3.3M Sale of Preschool Property in Goodyear, Arizona

Sunrise-Preschool-Goodyear-AZ

Sunrise Preschool occupies the 8,500-square-foot property at 13201 W. Thomas Road in Goodyear, Ariz.

GOODYEAR, ARIZ. — Progressive Real Estate Partners has arranged the sale of a single-tenant property, located at 13201 W. Thomas Road in Goodyear. An Arizona-based private investor sold the property to a Southern California-based private investor for $3.3 million in a 1031 exchange transaction.

Sunrise Preschools, Child Care Network, has occupied the 8,500-square-foot property on a triple-net-lease basis for more than 20 years. The preschool caters to children six weeks to 12 years of age and offers a variety of programs for infants, toddlers, preschool and before- and after-school care. The property was built in 1999.

Brad Umansky and Mike Lin of Progressive Real Estate Partners represented the seller and buyer in the transaction.

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