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Built in 1989
22230 Ottawa Road INVESTOR’S DELIGHT! A 30-year NNN lease w/tenant option to purchase at $6.5M on 6th year—07/01/2020. Tenant is a non-profit Christian School founded in 1976 (41 years ago) which covers Daycare, Preschool and K-12 grade students. Since opening at this location on 07/01/2014, student enrollments have increased and continues to climb in both local and foreign exchange students. Current monthly lease income is approx. $23k however, an savvy investor with foreign contacts could increase that ROI by assisting the tenant in increasing its foreign exchange student population. On 10/01/2014, the appraisal came in at $4,540,000.00. With approx. 8% per year market increases, the current valuation should be approximately $5.2M.