600 N State St - Day Care Center FOR SALE
Westerville, OH 43082 |
$3,450,704 USD
843-212-9319
600 N State St
Westerville, OH 43082
HIGHLIGHTS
- The Nest Schools is Corporately Operated and Currently Has 50 Schools Open Nationally With Plans to Open Over 200 Schools
- The Founders Have 30+ Years of Experience and Previously Operated a Best-in-Class Early Education Platform in the Northeast
- Over 197,540 People Within a 5-Mile Radius of This Location With an Average Household Income That Exceeds $125,854
- 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 $175 Million Annually on Education and Day Care Within a 5-Mile Radius of This Location
OVERVIEW
Sands Investment Group is Pleased to Present Exclusively For Sale the 9,740 SF Nest School Located at 600 N State Street in Westerville, 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
$3,450,704 USD
PRICE/SF
$348 USD /SF
CAP RATE
7.1%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Nest Schools
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.35 AC
LAND SF
58,632 SF
ZONING
C
APN/PARCEL ID
317-334-03-005-000
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843-212-9319
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843-212-9319
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