7154 S Northfield Dr - Day Care Center FOR SALE


Brownsburg, IN 46112
$5,000,000 USD
317-218-5316
7154 S Northfield Dr, Brownsburg, IN for Sale
$5,000,000 USD
Day Care Center - FOR SALE
1/3
null | 7% Cap Rate

7154 S Northfield Dr
Brownsburg, IN 46112


HIGHLIGHTS

  • 20 Year Base Lease Term with Two, Five-Year Options to Renew
  • 11% Rental Increases Every 5 Years and Each Renewal Option
  • Located in an Affluent Indianapolis Suburb with Average Household Income of +/-$140,000
  • Tenant is Responsible For Common Area Maintenance, Property Taxes, Insurance, HVAC & Parking Lot
  • Brownsburg is one of the fastest-growing communities in the state and recognized by CNN's Money magazine for being the "Best Places to Live

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.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Experience

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Fast Food, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

C-1

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 Notice.