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The subject property consists of the ownership of improved land (2.16 acres) occupied by a 9,903 square foot Kindercare Learning Center childcare facility with a capacity for 60 students. The property is located just off Morse Road on Cherry Way Drive, through an office and retail business park. The Kindercare is situated in a dynamic office and retail corridor, and within close proximity to Easton, Columbus' premier shopping and entertainment attraction, and New Albany/Gahanna, two of Columbus' affluent and growing communities. Other major retailers, food providers and educational facilities in the immediate vicinity include CVS, Limited Brands, Inc. All Seasons Financial, Berry' s Barbelll & Fitness Equipment, Buffalo Wild Wings, CVS, The Health Food Store, Tutoring Club, Mobile Gas, United Dairy Farmers Regional Headquarters, Cinemark-16 Theater, Arby' s, KFC, Taco Bell, Wendy' s Skyline Chili, TJ Max, Home Goods, Germain Nissan and Mazda Car Dealerships, St. Luke Lutheran Church and Stoneridge Plaza, anchored by Meijer, Kohl' s and Giant Eagle.
1.047 acres of prime redevelopment land between I-270 and Hamilton Road. Potential for 10,000 to 15,000 SF retail or office development. Perfect for a strip center, other retail development or medical offices. Site has high visibility on Morse Road with a traffic count of over 31,560 cars per day, and easy access to I-270. There is currently an approximately 3,000 SF office on the property that could be occupied in lieu of redevelopment.