$4,822,003 USD
512-543-7437
91 W 91st St
Indianapolis, IN 46260
Nora Far Northside
HIGHLIGHTS
- KinderCare is the largest provider of early education and child care, operating more than 2,700 centers nationwide.
- Indianapolis, the state's capital, continues to experience robust economic growth driven by multi-billion-dollar investments in healthcare.
- ~11 years remaining on Triple Net (NNN) Lease with 2% annual rent escalations.
- The average household income is $135,394, and there are 175,505 residents within a 5-mile radius.
- Located in the 91st street corridor, one of Indianapolis’ most established family-oriented residential zones.
- The city continues to add substantial residential density through downtown redevelopment projects, with thousands of new apartment units delivered.
OVERVIEW
Sands Investment Group is pleased to exclusively offer for sale the 14,820 SF KinderCare located at 91 W 91st Street in Indianapolis, IN. This opportunity features ~11 years remaining on a Triple Net (NNN) Lease with 2% annual rent escalations, providing stable and growing cash flow. Strategically positioned within the highly desirable 91st Street corridor, the property benefits from strong demographics, established family-oriented neighborhoods, and consistent demand for quality childcare services, making it an attractive long-term investment opportunity.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman - Lic. IN #RB20001918
FOR SALE DETAILS
PRICE
$4,822,003 USD
PRICE/SF
$325 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare- North Indianapolis, IN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1990
SPRINKLERS
-
PARKING SPACES
22
LAND DETAILS
LAND ACRES
0.88 AC
LAND SF
38,333 SF
ZONING
ZO01
APN/PARCEL ID
49-03-14-102-009.000-800
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512-543-7437
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512-543-7437
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