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Ivybrook Academy 3755 W Dublin Granville Rd 5,620 SF Retail Building Dublin, OH 43017 $2,472,800 ($440/SF) 6.25% Cap Rate
Investment Highlights
- 14 Years Remaining on Lease Term with Ivybrook Academy - 60+ Locations
- Located in a Major Employment Center - Surrounded by Corporate Offices/Headquarters
- Easily Accessible Location at the Corner of Sawmill Rd and Dublin-Granville Rd (79,000+ Combined Cars per Day) and Immediately Off Interstate 270
- 10% Rental Increases Every 5 Years with Multiple Renewal Options
- Affluent Trade Area - Average Household Income within 5 Miles Exceeds $143,000
- Situated in a Dense Retail Corridor Surrounded by National Tenants: Target, Meijer, Trader Joe’s, Lowe’s, Sam’s Club, and More
Executive Summary
Founded by a former schoolteacher looking to improve the quality of preschool education, Ivybrook Academy is a national franchise company offering enriching half-day programs for children ages 18 months to 6 years at campuses across the United States. Ivybrook Academy has been recognized as an Entrepreneur Magazine Top 500 and continues to expand with dedicated local franchise owners interested in making a difference in the lives of families across the country.
Dublin is a vibrant city located in central Ohio. As a suburb of the state capital, Columbus, Dublin offers a blend of suburban comfort, economic vitality, and a strong sense of community. The Columbus metro is composed of 10 counties and is best known as a college-centric city, but for a midsize community, it offers residents big-city amenities. The metro is home to major league sports teams, including the Blue Jackets of the NHL and the Columbus Crew of MLS.
Dublin is a vibrant city located in central Ohio. As a suburb of the state capital, Columbus, Dublin offers a blend of suburban comfort, economic vitality, and a strong sense of community. The Columbus metro is composed of 10 counties and is best known as a college-centric city, but for a midsize community, it offers residents big-city amenities. The metro is home to major league sports teams, including the Blue Jackets of the NHL and the Columbus Crew of MLS.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,620 SF
Building Class
C
Year Built
2004
Price
$2,472,800
Price Per SF
$440
Cap Rate
6.25%
NOI
$154,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.98 AC
Zoning
BSC Commercial (BSC-C)
Parking
30 Spaces (3.8 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 273-008358 | Improvements Assessment | $382,590 |
| Land Assessment | $223,160 | Total Assessment | $605,750 |
Property Taxes
Parcel Number
273-008358
Land Assessment
$223,160
Improvements Assessment
$382,590
Total Assessment
$605,750
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Ivybrook Academy | 3755 W Dublin Granville Rd
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