1565 W Smokey Row Rd - Retail FOR SALE


Greenwood, IN 46143
$5,065,000 USD
949-903-3399
1565 W Smokey Row Rd, Greenwood, IN for Sale
$5,065,000 USD
Retail - FOR SALE
1/5
null | 7.16% Cap Rate

1565 W Smokey Row Rd
Greenwood, IN 46143


HIGHLIGHTS

  • The Learning Experience – 2023 Construction – 20 Year Net Lease
  • #15 on Entrepreneur’s Franchise 500 (2026) – #1 Ranked Childcare Franchise (2026)
  • Over 600 Locations Open or Under Development Nationwide – Rapid Expansion Across America
  • Long-Term Lease – 17+ Lease Years Remaining – Two 5-Year Option Periods
  • Limited Landlord Responsibilities – Roof & Structural Elements Only
  • Corporate Guaranty – Reduced Annually with Complete Burn-Off After Year 10

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer qualified investors an opportunity to acquire a single tenant net leased The Learning Experience in Greenwood, IN. The Learning Experience, one of the Nation’s leaders in early education, is ranked no. 15 on Entrepreneur’s Franchise 500 for 2026, was ranked no. 1 Childcare Franchise in 2026 and has over 600 locations in operation or under development across the United States. The long-term net lease has over 17 years remaining in the primary term, two 5-year option periods, 11% rent increases every 5 years, a corporate guaranty and limited landlord responsibilities providing inflation resistant cash flows for years to come. Located within the Indianapolis MSA (population exceeding 2.2 million), the subject property is strategically positioned near the hard corner signalized intersection of W Smokey Row Road and N State Road 135, which has a combined traffic count of 23,700, and is only 14 miles from downtown Indianapolis. The 1.05-acre parcel comprises a 10,000 SF building, 4,500 SF outdoor play area and 33 parking spaces. The subject property is positioned as a shadow pad to a Kroger anchored shopping center and is adjacent to the Scottsdale Estates Community, which, once complete, will encompass more than 470 new single-family homes. Nearby retailers include Chase Bank, O’Reilly Auto Parts, Starbucks, Burger King, Goodwill, Shell and more. This is an excellent opportunity to purchase a single tenant net leased childcare investment in the Midwest with 11% rental increases, a corporate guarantee and limited landlord obligations producing long term internet resistant income.

FOR SALE DETAILS

PRICE

$5,065,000 USD

PRICE/SF

$507 USD /SF

CAP RATE

7.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

41-04-24-022-015.000-040

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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