Charter School with NNN
For Sale
Contact for pricing
Pending
3435 Sullivant Avenue, Columbus, OH 43204
Long-term occupancy features annual rent increases tied to CPI or a three percent floor.
Property SizeContact for details
Days on Market143
Property Features for 3435 Sullivant Avenue
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: Apr 10
Changed: Aug 29
Last Checked: Aug 29 at 9:22PM
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.
Imagine Academy at Sullivant is a school property at 3435 Sullivant Avenue in Columbus, Ohio. The asset is subject to an original 25-year triple-net lease with 17.25 years remaining, providing a defined lease term for the current tenancy.
Contractual rent adjustments occur annually at the greater of CPI or 3%, including the base term and a single 10-year renewal option. Lease obligations are supported by corporate guarantees from Imagine Schools, Inc. and Imagine Schools Non-Profit, Inc. Imagine Schools operates a national nonprofit network of 67 public charter campuses across 11 states and the District of Columbia.
Contractual rent adjustments occur annually at the greater of CPI or 3%, including the base term and a single 10-year renewal option. Lease obligations are supported by corporate guarantees from Imagine Schools, Inc. and Imagine Schools Non-Profit, Inc. Imagine Schools operates a national nonprofit network of 67 public charter campuses across 11 states and the District of Columbia.
Key Highlights
- 17.25 years remaining on the original 25‑year triple‑net lease
- Annual rental escalations of CPI or 3%, whichever is greater
- One 10‑year tenant renewal option
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 43204, OH
42,315
Population
19,286
Households
2.2
Avg Household Size
35
Median Age
25%
College-Educated
84%
High-School Grad
9.4 sq mi
ZIP Area
4,502
Density / Sq Mi
$59,158
Median Household Income
$38,610
Median Earnings
$1,206
Median Rent
$170,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
School - Long-term occupancy features annual rent increases tied to CPI or a three percent floor.
Where is this school located?
The property is located at 3435 Sullivant Avenue Columbus, OH.
What are key features of this property?
This property features: 17.25 years remaining on the original 25‑year triple‑net lease; Annual rental escalations of CPI or 3%, whichever is greater; One 10‑year tenant renewal option
