Single-Tenant NNN Daycare | Childtime (Learning Care Group) | Avon, OH

941 Center Rd Avon, OH 44011

941 Center Rd, Avon, OH, 44011
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FOR SALE
Property Type:
Other Hospitality
Amount:
$2,500,000
Last Verified:
Nov 03, 2025

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Description

Turn-key, single-tenant NNN investment leased to Childtime Learning Center (Learning Care Group) in the heart of Avon, Ohio. The ±11,472 SF masonry building, built in 2006, features a 30-year roof and a newly sealcoated parking lot (2025). Tenant covers all taxes, insurance, utilities, and maintenance under a Triple-Net lease through October 2031, with 5% rent escalations every five years and two 5-year renewal options. Strong national operator with over 1,100 schools nationwide provides stable, long-term income. Prime location near Avon Commons, Cleveland Clinic Avon Hospital, and major retail developments including Topgolf and Cooper’s Hawk, surrounded by affluent suburbs and household incomes exceeding $150,000.

Situated within one of Greater Cleveland’s most affluent and fastest-growing suburban corridors, the property benefits from average household incomes exceeding $150,000 and proximity to high-demographic communities including Avon, Avon Lake, Westlake, and Bay Village.
The area’s economic base is anchored by robust retail, healthcare, and employment centers, generating both daytime and residential demand. The site is just minutes from Avon Commons (I-90 & SR-83)—a regional power center anchored by Costco, Target, Kohl’s, The Home Depot, and Heinen’s—drawing customers from Lorain and western Cuyahoga counties.
Additional daytime traffic and economic stability are supported by Cleveland Clinic Avon Hospital and Bendix Commercial Vehicle Systems’ North American headquarters, major employers that bolster both household income and spending in the area.
The surrounding retail corridor continues to expand, with over one million square feet of new retail and entertainment development, including Menards, Main Event, Ashley Furniture, Dick’s Sporting Goods, Raising Cane’s, City BBQ, Starbucks, and Chipotle, as well as Topgolf and Cooper’s Hawk Restaurant & Winery).
With a median household income of approximately $126,600 (2023) and steady population growth, Avon offers exceptional long-term market fundamentals and sustained demand for childcare, service-oriented businesses, and daily-needs retail.


Year Built: 2006
Building Size: 11472sq ft
Lot Size: 1.54 acres

Map of 941 Center Rd, Avon, OH, 44011

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.