840 Dempsey Rd - Schools FOR SALE


Westerville, OH 43081
$2,535,211 USD
843-212-9319
840 Dempsey Rd, Westerville, OH for Sale
$2,535,211 USD
Schools - FOR SALE
1/5
null | 7.1% Cap Rate

840 Dempsey Rd
Westerville, OH 43081


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 239,118 People Within a 5-Mile Radius of This Location With an Average Household Income That Exceeds $110,629
  • 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 $194 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 7,436 SF Nest School Located at 840 Dempsey Road in Westerville, OH. This Deal Includes Corporate Lease Signator and Very Strong Personal Guarantees From the Founders of Nest, 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

$2,535,211 USD

PRICE/SF

$341 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nest School (840 Dempsey Rd)

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

ADD'L SUBTYPES

Parking Lot, Landfill

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Commercial

APN/PARCEL ID

080-007295

ASK ABOUT THIS PROPERTY

Andrew GilbertSands Investment GroupMore Info
843-212-9319

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Andrew GilbertSands Investment GroupMore Info
843-212-9319

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.