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Child Care

Tutor Time

3731 Discovery Ln, Powell, OH 43065

Listing Price: $3,870,000

Cap Rate
7.00%
Tenant Name
Tutor Time
Years Remaining On Lease
6.6
Gross SF
10,705
Guarantor
No Guarantee
Rentable SF
10,705
Price/Gross SF
$361.51
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.31

Investment Overview

Tutor Time is dedicated to fostering education development, building self-esteem, and sparking imagination in a safe and loving environment. As a leader in early child education and family solutions, Tutor Time is committed to developing innovative educational solutions. There are approximately 125 corporate Tutor Time schools throughout the United States.

Powell is a city in Delaware County, Ohio located approximately 14 miles north of Columbus. Home to over 13,000 residents, Powell is within one of the wealthiest counties in the United States. Powell was recognized as one of the Best Places to Live in the United States by Money Magazine, and was named the Best Suburb in the United States by Business Insider.

Investment Highlights

  • Six+ Years Remaining on Lease Term with Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with 1,150+ Schools Across 11 Brands - 7.53% Cap Rate Approx. 18 Months
  • 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Dense Trade Area in the Columbus MSA - 162,316 Residents within a Five Mile Radius
  • Situated in One of the Columbus MSA's Most Affluent Suburbs - Average Household Income Exceeds $189,000 in the Surrounding Area
  • Easily Accessible Location at the Corner of Sawmill Parkway and W Powell Road (Approximately 43,000 Combined Cars per Day)
  • Households and Population Projected to Increase Approximately 4 Percent in the Surrounding Area Over the Next Five Years
  • Across from Kroger and Giant Eagle-Anchored Shopping Centers
  • One Mile from the Columbus Zoo and Aquarium (Approximately 2.2 Million Visitors Annually)

Exclusively Listed By

Financing By

Child Care

Tutor Time

Listing Price: $3,870,000

Cap Rate
7.00%
Tenant Name
Tutor Time
Years Remaining On Lease
6.6
Gross SF
10,705
Guarantor
No Guarantee
Rentable SF
10,705
Price/Gross SF
$361.51
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.31

Investment Highlights

  • Six+ Years Remaining on Lease Term with Learning Care Group, One of the Largest Providers of Early Childhood Care in the U.S. with 1,150+ Schools Across 11 Brands - 7.53% Cap Rate Approx. 18 Months
  • 7.5 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Dense Trade Area in the Columbus MSA - 162,316 Residents within a Five Mile Radius
  • Situated in One of the Columbus MSA's Most Affluent Suburbs - Average Household Income Exceeds $189,000 in the Surrounding Area
  • Easily Accessible Location at the Corner of Sawmill Parkway and W Powell Road (Approximately 43,000 Combined Cars per Day)
  • Households and Population Projected to Increase Approximately 4 Percent in the Surrounding Area Over the Next Five Years
  • Across from Kroger and Giant Eagle-Anchored Shopping Centers
  • One Mile from the Columbus Zoo and Aquarium (Approximately 2.2 Million Visitors Annually)

Investment Overview

Tutor Time is dedicated to fostering education development, building self-esteem, and sparking imagination in a safe and loving environment. As a leader in early child education and family solutions, Tutor Time is committed to developing innovative educational solutions. There are approximately 125 corporate Tutor Time schools throughout the United States. Powell is a city in Delaware County, Ohio located approximately 14 miles north of Columbus. Home to over 13,000 residents, Powell is within one of the wealthiest counties in the United States. Powell was recognized as one of the Best Places to Live in the United States by Money Magazine, and was named the Best Suburb in the United States by Business Insider.

Exclusively Listed By

Financing By

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