Powell, OH 43065

Tutor Time

Property Address

3731 Discovery Lane, Powell, OH, USA

Offering Summary

  • Price: $3,870,000
  • Lot Size: 1.72 Acres
  • Cap Rate: 7.0%
  • Year Built: 2008
  • Building SF: 10,705
  • Status: Available
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  • 6+ 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% Rental Increases Every 5 Years with Multiple Renewal Options
  • Dense Trade Area in the Columbus MSA - 162,316 Residents within a 5-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 (±43,000 Combined Cars per Day)
  • Households and Population Projected to Increase ±4% in the Surrounding Area Over the Next 5 Years
  • Across from Kroger and Giant Eagle-Anchored Shopping Centers
  • One Mile from the Columbus Zoo and Aquarium (±2.2 Million Visitors Annually)

Broker Information