19315 Hilliard Blvd - Schools FOR SALE
Rocky River, OH 44116 |
$4,285,714 USD
843-212-9319
19315 Hilliard Blvd
Rocky River, OH 44116
HIGHLIGHTS
- The Nest Schools is Corporately Operated and Currently Has 38 Schools Open Nationally With Plans to Open Over 200 Schools
- Over 214,000 People Within a 5-Mile Radius of This Location With an Average Household Income That Exceeds $75,000
- Corporate Lease Signator and Very Strong Personal Guarantees From the Founders of Nest
- ~17 Years Remaining on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities and 2% Annual Increases
- Consumer Spending Exceeds $147.5 Million Annually on Education and Daycare Within a 5-Mile Radius of This Location
- This Location is Highly Visible From I-90 and Sees Over 16,000 VPD on Hilliard Boulevard
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale 9,766 SF The Nest Schools Located at 19315 Hilliard Boulevard in Rocky River, OH. This Deal Includes ~17 Years Remaining on an Absolute Triple Net (NNN) Lease With No Landlord Responsibilities and 2% Annual Increases, Providing For a Unique Investment.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946
BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$4,285,714 USD
PRICE/SF
$439 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Nest School
PROPERTY TYPE
Specialty
PROPERTY SUBTYPE
Schools
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.5 AC
LAND SF
21,863 SF
ZONING
LB
APN/PARCEL ID
304-18-016
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843-212-9319
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843-212-9319
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