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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