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.