Marcus & Millichap is pleased to present this NNN leased childcare facility located in Powell, Ohio. The tenant is a multi-unit Goddard School franchisee. The operator of this location is very experienced and currently operates two schools (maximum allowed by Goddard Schools Corporate). It is performing well with strong enrollment numbers and continues to improve. The operator is very confident in this location and has signed a personal guarantee. This asset is ideal for an investor in a trade or someone looking for a great return on a safe asset with minimal responsibilities. Sales Info: ■ Cap rate: 8.46% ■ NOI: $169,244 Location Description: The subject property is ideally located in a high-income community just off the major thoroughfare (Columbus Pike) near multiple national retailers such as Walmart, Kohl's, Home Depot and Meijer. Additionally, it resides within three miles of three elementary schools. The location is further complimented by a growing population of 140,000 people within five miles, with an average household income of $117,000. Highlights: ■ Located near Major Retailers - Walmart, Home Depot, Kohl's and Meijer ■ Great Demographics - Population of 140,000 Within Five-Miles - Average Household Income of $117,000 ■ Personal Guarantee - Multi-Unit Operator ■ NNN Lease ■ High Enrollment Numbers « show less
Marcus & Millichap is pleased to present this NNN leased childcare facility located in Powell, Ohio. The tenant is a multi-unit Goddard School... show more »
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