2069 Summit View Rd - Day Care Center FOR SALE


Powell, OH 43065
$2,613,333 USD
310-793-6069
2069 Summit View Rd, Powell, OH for Sale
$2,613,333 USD
Day Care Center - FOR SALE
1/11
null | 7.5% Cap Rate

2069 Summit View Rd
Powell, OH 43065


HIGHLIGHTS

  • Absolute NNN Lease with zero landlord responsibilities.
  • 20 year lease term with 2% annual increases.
  • Powell is one of the most affluent and fastest growing suburbs in the Columbus MSA with an average household income over $144,000.
  • Multi-unit operator with 10+ years of experience.
  • Kiddie Academy is one of the leading early childcare operators with over 360 locations across the country and 45 years in business.

OVERVIEW

Transwestern is pleased to present the opportunity to acquire a fee simple interest in a newly structured sale-leaseback occupied by Kiddie Academy in Powell, Ohio, one of the most affluent and fastest-growing suburbs within the Columbus MSA. The property is secured by a new 20-year absolute NNN lease featuring 2% annual rent increases, providing investors with a long-term, inflation-hedged income stream and zero landlord responsibilities. The offering is backed by an experienced multi-unit operator. The 8,072-square-foot childcare facility is situated on 1.49 acres within a dense and affluent residential trade area that supports strong demand for early childhood education services. The immediate market area features average household incomes exceeding $144,000 and a population of more than 210,000 residents within a five-mile radius, with continued projected growth through 2030. Powell's strong demographics, highly rated schools, and proximity to downtown Columbus have made it one of Central Ohio's most desirable suburban communities. Coupled with the strength of the Kiddie Academy brand, which operates more than 360 locations nationwide, the offering presents investors with a compelling combination of stable cash flow, favorable rent growth, and long-term real estate appreciation potential. Broker of Record: Rich Russo Realty & Co OH Lic# BRKP.0700427811

FOR SALE DETAILS

PRICE

$2,613,333 USD

PRICE/SF

$324 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kiddie Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,904 SF

ZONING

-

APN/PARCEL ID

610-170819,610-170820

ASK ABOUT THIS PROPERTY

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

CJ BrillTranswestern Real Estate ServicesMore Info
310-793-6069

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.