Tutor Time — Sale in Powell, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Powell, OH 43065

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

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)

Market Context

This retail in Powell, OH is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Powell, OH — view the full market.

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