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| Price $4,285,714 | Built/Renov 1989 | Tenant Nest Schools |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corporate |
| Size/SF
18,038
| Lease Start
04-01-2022
| #Units
51
|
| Price/SF $237.59 | Expiration
03-31-2041
| Tenant Type Daycare/Education |
| NOI $300,000 | R. Term 16.4 | Ownership Fee Simple |
| Rent/SF
$16.63
| Increases 2.0%/1/yrs | Pop 5Mi 61,146 |
| Lot/AC 2.59 | Options 2/10yrs/2% | AHHI 5Mi $105,143 |
| | |
Nest Schools is strategically located on N Cleveland Massillon Road, with access to 10,390 vehicles passing by daily. The property enjoys high visibility from Highway 77 and is in close proximity to well-known national tenants such as T.J. Maxx, McDonald's, Lowe's, Five Below, Old Navy, Taco Bell, and more. The 5-mile trade area supports a population of 61,146 residents with an affluent...
...Build to suit
Dense retail corridor
Near major nationals
Strategically located
Dense 100M+ pop 5 mi
Top 100 MSA
Long 15+ yr lease
Absolute NNN
Annual rent increases
Corporate Guarantee
The Nest Schools is a private early childhood education provider offering daycare, preschool, and kindergarten programs. The company is known for its proprietary "Nest Play" curriculum, which is...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 2,691 | 29,521 | 64,466 |
| 2024 Total Population : | 2,637 | 29,735 | 64,464 |
| 2024 Employed Civilian Pop : | 1,096 | 15,853 | 35,138 |
| 2024 Total Businesses : | 634 | 1,988 | 3,379 |
| 2024 Average Household Income : | $ 179,339 | $ 159,718 | $ 130,649 |
| 2024 Total Consumer Spending : | $ 181 M | $ 1638 M | $ 3152 M |
| 2024 Median Age : | 58 | 46 | 44 |
| 2024 Total Households : | 1,188 | 12,037 | 27,912 |
| 2024 Pop Age 25+: Bachelor's Degree : | 705 | 8,289 | 16,028 |
| 2024 Average Home Value : | $ 454,923 | $ 402,385 | $ 356,938 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| CLEVELAND MASSILLON RD | Tee Dr | 2020 | 9,522 | 0.09 mi |
| North Cleveland Massillon Road | Green Dr | 2021 | 9,432 | 0.25 mi |
| I- 77 | N Cleveland Massillon Rd | 2016 | 59,996 | 0.36 mi |
| SPRINGSIDE DR | Medina Rd | 2020 | 4,306 | 0.36 mi |
| CLEVELAND MASSILLON RD | Embassy Pkwy | 2020 | 9,040 | 0.42 mi |
| I 77;SR 21 | Beechnut Hill | 2021 | 58,314 | 0.44 mi |
| 2019 | 4,934 | 0.48 mi | ||
| RAMP FROM GHENT RD TO IR77 SB | Embassy Pkwy | 2021 | 4,673 | 0.48 mi |
| RAMP FROM IR77 SB TO GHENT RD | I- 77 | 2021 | 4,128 | 0.53 mi |
| RAMP FROM IR77 SB TO GHENT RD | Ghent Rd | 2020 | 3,699 | 0.53 mi |
Greenwood, IN
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Size/SF 9,951
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
