1018 Parkway Drive, Spring Hill Current Home of Community Baptist Church
Lease start date is approximately January 2025.
The facility meets all of the necessary attributes defined in our search as well as the other desired attributes.
The facility has the feel of a church building once you are inside. The other facilities we looked at were connected by outside walkways. This building is self-contained.
The owner has a history of being church friendly and desires a long-term relationship for what he considers a core part of his business strategy for this building.
Building and Finance Team Findings
Lease agreement details have now been reviewed and approved by all parties.
Effective date for occupancy by GRC expected to be Jan 1, 2025 (note CBC currently occupies and plans to move out in December, 2024)
Lease to be signed upon receipt and following confirmation of occupancy date.
Lease terms: $11,500 / month. Renewable annually at increased cost of $575.
Space: 14,051 sq ft including Worship Area, Foyer, Nursery, 7 Classrooms, Office, Kitchen, Dining area, Parking on site for approx 75 vehicles. Additional street and adjacent parking lot space available.
Owner to furnish Worship and Dining Areas.
Owner to provide all repairs, all utilities, and rest room consumables.
Finances
GRC 2025 Pledge Cards: participation 98%; $10,719/month General Fund; $1,714/month Building Fund
GRC anonymous Member gift: significant (enough to ensure the move is affordable for years 1-2)
Building Fund: $15,562.32 as of 9/4/24 (for future permanent home)
Monthly Budget: (2025 under development); 2024: $19,000