40 Chris Perry Lane, Columbus, OH 43213

$1,300,000
Property Type: Business Opportunity Square Footage: 8,100 Lot Size (sq. ft.): 44,431 Status: Closed
Current Price: $1,300,000 List Date: 11/05/2015 Last Modified: 1/12/2025

Description

BRAND NEW 5-YEAR RENEWAL! This building was originally a build-to-suit for the nationally recognized Goddard School. Located in more than 35 states and hundreds of nationwide markets, Goddard Schools is a national provider of early childhood education. Each school is owned and operated by a franchisee. This franchisee has owned and operated this school for over 10 years! With a new 5-year lease beginning in January 2016, this franchisee will also have the potential to extend even longer. The franchisee will only allow 5 year renewal options. This is a true net lease with all expenses paid by the tenant allowing for minimal investor responsibilities. With $102,000 of annual net income, this property is offered at a 7.846% CAP, with a potential 13.23% cash on cash return.

Supplements: ********

More Information MLS# 215039544

Location Property Info

Original List Price: 1300000 Sold Price: $1,300,000 Property Sub Type: Professional Service Street #: 40 Street Name: Chris Perry Street Suffix: Lane County: Franklin State: OH Zip Code: 43213 Township: None

OfficeContract Info

Status: Closed MLS Entry Date: 2015-11-05

General Property Info

Business Description: Goddard School Seller/Business Name: Goddard School Bldg Sq Ft: 8100 Acreage: 1.02

Tax Info

Parcel #: 520-254254 Zoning: LM Mult Parcels/Sch Dis: No Tax Year: 2014 Taxes (Yrly): 26251

Status Change Info

Under Contract Date: 2015-12-31 Sold Date: 2016-03-11 Sold Price: $1,300,000

Bus Financial Info

From: 2008-01-01 Through: 2015-01-01 Gross Sales: 102000 Net Before Taxes: 102000

Auction Info

Auction/Online Bidding Y/N: No

Property Features

Addl Acceptance Cond: None Known MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Alexander Marsh
Last Updated: January - 12 - 2025
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