10608 Granger Rd - Schools FOR SALE
Garfield Heights, OH 44125 |
$3,536,018 USD
678-365-5168
10608 Granger Rd
Garfield Heights, OH 44125
HIGHLIGHTS
- The Brilliance School is a High-Quality K-8 Public Charter School in Garfield Heights, OH
- This Asset is 100% Leased to The Brilliance School on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities Featuring 2.84% Rental
- Tenant Has Expressed Interest to Extend Lease Term to 10 Years
- The Property is Ideally Positioned on a 1.82 Acre Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
- Total Consumer Spending on Education and Daycare Exceeds $103 Million Annually Within a 5-Mile Radius of This Location
- Established Retailers Nearby Include: Southgate Shopping Center (Featuring Target and Giant Eagle), Garfield Commons, Walmart Supercenter, Marcs, Home
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 37,158 SF The Brilliance School Located at 10608 Granger Road in Garfield Heights, OH. This Asset is 100% Leased to The Brilliance School on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities Featuring 2.84% Rental Increases Annually, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc. A Licensed Ohio Broker-Lic #REC 2020005946 BOR: Scott Reid Lic. OH #BRKP2020001224
FOR SALE DETAILS
PRICE
$3,536,018 USD
PRICE/SF
$95 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Brilliance School - Garfield Heights, OH
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
ADD'L SUBTYPES
Parking Garage, Parking Lot
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
C
YEAR BUILT
1927
SPRINKLERS
-
PARKING SPACES
19
LAND DETAILS
LAND ACRES
1.82 AC
LAND SF
79,279 SF
ZONING
SU
APN/PARCEL ID
542-20-141
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678-365-5168
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678-365-5168
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