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Kiddie Academy | Twinsburg (Cleveland), OH 2661 Creekside dr 11,561 SF Retail Building Twinsburg, OH 44087 $5,740,000 ($496.50/SF) 7.25% Cap Rate
Investment Highlights
- New-Construction Single-Tenant Kiddie Academy: New 15-year lease with 2% annual increases starting in year 3
- Affluent, High-Growth Trade Area; Ideal Demographics for a Child Learning Center: Twinsburg ISD is a top-rated school district
- AHHI’s of $149,000+ Within 5-Miles 19% Population Growth Within 1-Mile (2010 to 2024)
- Located Off One of Two Highway Exits Serving Twinsburg’s Massive and Growing Industrial Corridor; Surrounded by 15 Million SF of Industrial Space
- Twinsburg is a Commuter’s Market Due to its Proximity and Short Driving Distance to Major Corporate Headquarters
- Twinsburg is Located Midway Between Akron and Cleveland, and Part of the Larger Cleveland-Akron-Canton CSA with a Population of Over 2 Million People
Executive Summary
New 15-Year Lease | Rare 2% Annual Increases | Affluent Cleveland Suburb; $149,000+ AHH
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,561 SF
Building Class
B
Year Built
2025
Price
$5,740,000
Price Per SF
$496.50
Cap Rate
7.25%
NOI
$416,196
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.80 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Kiddie Academy
- Retailer
- 11,561 SF
- -
- Triple Net
- Aug 2040
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Kiddie Academy | Retailer | 11,561 SF | - | Triple Net | Aug 2040 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-08378 | Improvements Assessment | $0 |
| Land Assessment | $94,658 | Total Assessment | $94,658 |
Property Taxes
Parcel Number
64-08378
Land Assessment
$94,658
Improvements Assessment
$0
Total Assessment
$94,658
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Kiddie Academy | Twinsburg (Cleveland), OH | 2661 Creekside dr
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