TUCSON, ARIZONA (June 5, 2025) – Taycon Properties, a real estate investment firm based in Los Altos, California, has acquired a fully leased childcare facility located at 1935 E Fort Lowell Road in Tucson for $1,272,000. The seller was a Fountain Hills-based ownership group that purchased the property in 2021 for $1,325,100 at a 6.06% cap rate.
The property is home to La Petite Academy, a nationally recognized early childhood education provider that has occupied the site since 1989. The building spans 5,253 square feet on 0.56 acres and is zoned C-1 under the City of Tucson zoning regulations. It offers 19 parking spaces, approximately 95 feet of frontage on Fort Lowell Road, and a Triple Net (NNN) lease structure with renewal options extending through 2030.
Initially built in 1988 and renovated in 2017, the property was marketed as a stable, long-term investment featuring a corporate-backed lease, consistent occupancy, and excellent accessibility in Tucson’s Richland Heights East neighborhood.
The recent sale reflects a 6.31% cap rate, underscoring continued investor interest in well-located, single-tenant net-leased assets with established tenants and predictable cash flow.
La Petite Academy continues to operate uninterrupted at the location.
For more information about this transaction or other single-tenant net-leased opportunities in the Tucson market, please inquire with your local commercial brokerage professional and reference RED Comp #11898.