Listed by Avison Young - Atlanta
$3,000,000
Ivybrook Academy - Powell, OH
Details
APN 319-423-02-001-009
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 7,211
Units 1
Tenancy Single
Brand/Tenant Ivybrook Academy
Lease Type NN
Lease Expiration 11/30/2038
Remaining Term 12.5
Rent Bumps Yes
Lease Options Yes
Year Built 2022
Stories 1
Acreage 1.170
Lease Commencement 11/06/2023
Ground Lease No
Affluent area | Columbus MSA
Investment highlights
- Affluent Columbus Suburb: Wealthiest county in OH ($165K avg. HHI)
- Built-in Customer Base: ranked as #1 best place to raise a family in the Columbus metro
- Long-term Cash Flow: 12+ year lease term with built-in cash flow and rental growth
- Top Rated School District: One of Ohio’s highest performing school systems
- Above Market Rent Escalations: 2.5% annual rent bumps and 10% increases in each option
Listing Contacts
Listed by Avison Young - Atlanta
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Zoning
PC PlannedPlanned Commercial District
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