Listed by ParaSell Inc, Sands Investment Group
$6,853,413
Lightbridge Academy - Centerville, OH
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 11,000
Cap Rate 7.15%
NOI $490,019
Occupancy 100%
Tenancy Single
Brand/Tenant Lightbridge Academy
Lease Type NNN
Lease Term 15
Lease Expiration 08/31/2040
Remaining Term 14.2
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $623
Year Built 1996
Year Renovated 2025
Acreage 6.680
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2025
Ground Lease No
Strong Enrollment | 14 Year Lease | Personal & Corp Guarantee | NNN Childcare Asset
Marketing description
We are pleased to exclusively offer for sale the 11,000 SF Lightbridge Academy located at 1180 E Alex Bell Rd in Centerville, OH. This opportunity features a long- term 14 year Triple Net (NNN) Lease, providing zero landlord responsibilities and stable, predictable income. The property benefits from easy access to I-675 and close proximity to Dayton, Cincinnati, and Columbus, significantly expanding the employment base and commuter catchment area, making this a high-quality and attractive investment opportunity.
Investment highlights
- Founded in 1997, Lightbridge Academy has 200+ child care centers open or in development across the U.S.
- Centerville is a suburb south of Dayton and approximately 30 minutes south of Dayton International Airport (DAY).
- Long-term 14 year Triple Net (NNN) Lease with zero landlord responsibilities.
- Average household income of $118,264 and a population of 152,565 residents within a 5-mile radius.
- 10 Elementary feeder schools within a 5-mile radius.
- Easy access to I-675 and proximity to Dayton, Cincinnati, and Columbus expand both employment and commuter catchment.
- Stable Communities like Centerville and Montgomery benefit from strong schools, affluent demographics, and steady housing growth.
- Montgomery County is anchored by defense (Wright-Patterson AFB), healthcare (Premier & Kettering Health), education (UD, Sinclair, Wright State), and insurance (CareSource), with new growth in aerospace manufacturing and logistics.
Listing Contacts
Listed by ParaSell Inc, Sands Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$490,019.00
$40,834.92/mo
Valuation Metrics
0
DSCR
7.15%
Cap Rate
7.15%
ROI
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