Retail    

The Goddard School

 Grove City (Columbus), OH

Asking Price

$2,911,787

Cap Rate

7.50%

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Expenses

NNN

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Year Built

2005

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Avg HHI

$121,000

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Square Feet

8,125 SF

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INVESTMENT HIGHLIGHTS

  • The Goddard School is the 4th Largest Child Care Provider in the Country (+/- 523 Centers Nationally)
  • 3% Annual Rental Increases
  • NNN Lease with Minimal Landlord Responsibilities
  • Previously Extended for 10 Years Instead of Scheduled 5-Year Renewal Showing Commitment to Site
  • 16+ Year Operating History
  • 19 Public Schools in the MSA Providing "Feeder" Schools for this Facility
  • $39+ Million Spent on Education & Daycare in a 5-Mile Radius
  • Population Counts Exceed 63k in a 5-Mile Radius, Projected Growth of 6.51% from '20-'25
  • Average HH Income of $121k+ in a 1-Mile Radius
  • Over 22k Homes in a 5-Mile Radius, Projected Growth of 6.53% from '20-'25
  • Healthcare Industry Represents 15.70% of Employment Creating Demand for Child Care from First Responders

Exclusively Listed By

Jeff McKinney

Associate Director
  the-goddard-school-grove-city@stanjohnsonco.com   
OH Lic. #BRK.2016002560

Stan Johnson Co.

5749 Park Center Court
Toledo, OH 43615


stanjohnsonco.com