Essential Capital Advisors’ Education Properties Group & ParaSell, Inc. Broker $8.8 Million Sale of Building Leased to Busy Bees Child Care in Mesa, Arizona

Mesa, AZ, (March 2, 2026) –Essential Capital Advisors’ Education Properties and ParaSell, Inc. announced that it has completed the $8.8 million sale of a new freestanding early learning center building located at 3544 E. Brown Road in Mesa, Arizona to a Washington-based investor. The property totals 14,772 square feet on 0.93 acres and is operating as a Busy Bees Child Care.
Busy Bees operates 1,000 centers globally with 160 locations across the United States and has ambitious expansion plans. The company is 100% corporate-owned with no franchising and is backed by significant institutional capital from the Ontario Teachers’ Pension Plan (C$249.8B in assets) and Temasek ($382B portfolio).
Essential Capital Advisors’ team of Milo Spector, Executive Managing Partner and Founder of the firm’s Education Properties Group and Remmington Penn, Associate Director along with Scott Reid of ParaSell, Inc., represented the seller, a Texas-based developer.
“We are thrilled to have assisted our clients in achieving their pricing objectives while securing a buyer prior to construction completion and rent commencement, which is uncommon in the current market,” said Spector. “This transaction demonstrates the strong investor appetite for premier childcare assets, particularly when backed by tenants like Busy Bees. The 15-year absolute NNN lease with built-in 10% rent increases every five years, combined with a corporate guaranty from one of the world’s largest childcare operators, provided the buyer with exceptional long-term value and predictable income growth.”
Strategically located in Mesa, Arizona’s third-largest city and ranked #1 nationally for economic growth, the property benefits from exceptional demographics with over 279,000 residents within a 5-mile radius and average household income exceeding $196,000 within one mile. The location is surrounded by national retailers including Home Depot, Walmart, Sprouts, and Starbucks, and is near multiple feeder schools.
“Early education real estate continues to offer investors higher cap rates compared to traditional retail NNN assets while providing recession-resistant income streams,” Spector added. “The childcare sector has proven to be an essential service, and institutional investors recognize Busy Bees as one of the premier operators globally.”
Essential Capital Advisors specializes in the sale of single & multi-tenant net-leased investment properties nationwide. The Education Properties Group of Essential Capital Advisors is a niche brokerage team that focuses on the acquisition and disposition of education & childcare properties nationally.