7154 S Northfield Dr - Day Care Center FOR SALE


Brownsburg, IN 46112
$4,827,500 USD
317-218-5316
7154 S Northfield Dr, Brownsburg, IN for Sale
$4,827,500 USD
Day Care Center - FOR SALE
1/3
null | 7.25% Cap Rate

7154 S Northfield Dr
Brownsburg, IN 46112


HIGHLIGHTS

  • Tenant is Responsible For Common Area Maintenance, Property Taxes, Insurance, HVAC & Parking Lot
  • Minimal Landlord Responsibilities (Roof & Structure – Long-Term Roof Warranty in Place)
  • 20 Year Base Lease Term with Two, Five-Year Options to Renew
  • 1-Mile Average Household Income of +/-$140,000 and 5-Mile Consumer Spending Approximately $1.5 billion

OVERVIEW

The Klink Group of Marcus & Millichap is pleased to present for sale The Learning Experience located in Brownsburg, Indiana, an affluent and fast-growing Indianapolis suburb. The Property features a brand-new, 20-year passive lease that commenced in September of 2024 and offers 11% rental escalators every five years throughout the base term and renewal option periods. The tenant is responsible for common area maintenance, property taxes, & insurance costs. The offering is the perfect investment opportunity for any passive investor looking for quality real estate in a fast-growing and affluent submarket with high barriers of entry and limited real estate transaction velocity with long-term, leased tenancy in an early-education industry experiencing exceptionally strong demand.

FOR SALE DETAILS

PRICE

$4,827,500 USD

PRICE/SF

$483 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

ADD'L SUBTYPES

Convenience Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

32-07-26-105-005.000-016

ASK ABOUT THIS PROPERTY

Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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Jordan KlinkMarcus & MillichapMore Info
317-218-5316

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