10216 N Michigan Rd - Schools FOR SALE


Carmel, IN 46032
$6,142,857 USD
512-543-7437
10216 N Michigan Rd, Carmel, IN for Sale
$6,142,857 USD
Schools - FOR SALE
1/5
null | 7% Cap Rate

10216 N Michigan Rd
Carmel, IN 46032


HIGHLIGHTS

  • Founded in 2020, The Nest Schools Operates 61 Schools Nationwide and is Actively Expanding
  • Affluent Suburb North of Indianapolis With a Median Household Income Well Above the National Average- $119,772 VS $75,000
  • Indiana Maintains One of the Strongest Economies in the Nation, With Carmel Consistently Ranked Among the Best Places to Live Nationally
  • Conveniently Located 25 Minutes From Indianapolis International Airport (IND)
  • 2023 New Construction With a Long-Term 15-Year Triple Net (NNN) Lease and Limited Landlord Responsibilities
  • 8 Elementary Feeder Schools Within a 5-Mile Radius

OVERVIEW

Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,985 SF Nest Schools Located at 10216 North Michigan Road in Carmel, IN. This Deal Includes a 2023 New Construction With a Long-Term 15-Year Triple Net (NNN) Lease and Limited Landlord Responsibilities, Providing For a Secured Investment. In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918

FOR SALE DETAILS

PRICE

$6,142,857 USD

PRICE/SF

$559 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Nest Schools - Carmel, IN

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

29-13-07-000-006.000-018

ASK ABOUT THIS PROPERTY

Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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