13650 Bent Grass - Day Care Center FOR SALE


Fishers, IN 46038
$5,085,000 USD
949-724-5561
13650 Bent Grass, Fishers, IN for Sale
$5,085,000 USD
Day Care Center - FOR SALE
1/3
null | 7.25% Cap Rate

13650 Bent Grass
Fishers, IN 46038


HIGHLIGHTS

  • Rare 20 Yr. Corp Lease by Learning Experience Corporation - 450+ Locations - Best in Class Brand
  • High Profile Site along Hwy 37 (Main Retail Corridor) in Heart of City - Near Walmart Market/Schools
  • Strong 10 Year Corp Guarantee ($750k CAP) - Subsidiary of Golden Gate Capital ($19B+ Market Cap)
  • Affluent Suburb of Indianapolis ($145,863 HHI) - State Capital/12th Largest City in U.S. - Huge Growth
  • Brand New 2023 Prototype with 11% Rent Bumps - 20 Year Roof Warranty - Scheduled Open Fall 2023
  • Nation’s Fastest Growing Brand! - “Annual Franchise Top 500 List” - Dense Residential Trade Area

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to purchase (fee simple) a single tenant net leased investment that is fully occupied by The Learning Experience (“TLE” – corporate) on a brand new 20-year lease. This brand new 2023 construction provides investors long term secure cash flow with a hedge against inflation with 11% rental increases every 5 years. Located in Fishers, IN, this property is within 20 miles of downtown Indianapolis. The greater Indianapolis area has a population of over 1.8 million with steady growth over the past 20 years. Situated on Indiana State Road 37, this property sees 41,000+ VPD and is easily accessed from E 135th St, a large signalized intersection. Many schools surround this site including New Britton Elementary School, Fishers Jr. and Sr. High Schools, and Cumberland Elementary School, totaling 5,900+ students. Many retailers have found this area attractive including Walmart Neighborhood Market, McDonald’s, Popeyes Louisiana Kitchen, Arby’s, and Texas Roadhouse. This is an excellent opportunity to purchase a brand-new construction, single tenant net leased investment on a new 20-year lease with 11% rental increases with two 5-year options and minimal landlord obligations.

FOR SALE DETAILS

PRICE

$5,085,000 USD

PRICE/SF

$509 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,736 SF

ZONING

C

APN/PARCEL ID

29-11-19-067-002.000-006

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-724-5561

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Eric CarltonColliersMore Info
949-724-5561

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.