Rancho Solano Preparatory School
SCOTTSDALE | ARIZONA
ABOUT THE ASSET
Caliber plans to expand and upgrade the Valley’s International Baccalaureate (IB) preparatory academy – Rancho Solano – with the construction of a new 26,646-square-foot facility for its Kindergarten through 8th Grade students. Located on five acres at the northeast corner of Pima Road and Via Linda in prestigious Scottsdale, Rancho Solano parent company York Education Group will lease the building for $800,000 in year 1, $850,000 in year 2, $950,000 in year 3, growing 3% annually thereafter, with the option to purchase the property from Caliber after construction is complete (see Exit Strategy). York operates schools in five states including two Rancho Solano schools in Phoenix and Scottsdale.