Charter School With NNN
For Sale
Contact for pricing
Pending
1511 Madison Ave, Toledo, OH 43604
Operating public charter school backed by a corporate guarantee and scheduled rent increases.
Property SizeContact for details
Days on Market41
Property Features for 1511 Madison Ave
General Information
Standard status
Pending
Property subtype
Retail, Special Purpose
Building Details
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 10:05AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT
Investment Insights
Based on property information with market context.
This school property is occupied under a triple-net lease with a corporate guarantee from Imagine Schools, Inc. and Imagine Schools Non-Profit, Inc. The agreement provides annual rent adjustments tied to CPI or 3%, whichever is greater, during the base term and the tenant’s 10-year renewal option.
Imagine Madison School of Arts operates at 1511 Madison Avenue in Toledo, Ohio. The guarantor is associated with a nonprofit charter-school network comprising 67 campuses across 11 states and the District of Columbia, serving more than 36,000 students.
Imagine Madison School of Arts operates at 1511 Madison Avenue in Toledo, Ohio. The guarantor is associated with a nonprofit charter-school network comprising 67 campuses across 11 states and the District of Columbia, serving more than 36,000 students.
Key Highlights
- Triple‑net lease structure with tenant responsibility for property expenses
- Annual rent growth tied to CPI or 3%, whichever is greater
- One 10‑year tenant renewal option
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,818
Businesses Nearby
Explore this area
Business Placement
Demographics for 43604, OH
9,248
Population
5,868
Households
1.6
Avg Household Size
35
Median Age
16%
College-Educated
79%
High-School Grad
2.8 sq mi
ZIP Area
3,303
Density / Sq Mi
$18,980
Median Household Income
$27,457
Median Earnings
$499
Median Rent
$59,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
School - Operating public charter school backed by a corporate guarantee and scheduled rent increases.
Where is this school located?
The property is located at 1511 Madison Ave Toledo, OH.
What are key features of this property?
This property features: Triple‑net lease structure with tenant responsibility for property expenses; Annual rent growth tied to CPI or 3%, whichever is greater; One 10‑year tenant renewal option
