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17313 Spring Mill Rd
Westfield, IN 46074 Westfield

$6,357,000 USD

Daycare Center For Sale  •  13,200 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 11,275 SF
  • Lot Size 1.2 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 7.00 %
0 Transit Score
29 Walk Score

Highlights

Brand-new 15-year lease featuring 2% annual rental increases
Three, 5-year options to extend the lease at increased rents
Lease is guaranteed by tenant’s ultra-high net worth founder (contact Agent for more details)
Brand-new building delivered in 2023 with new roof that has 15-year warranty in place
Very strong guarantor – Nine-figure net worth
Adjacent to heavily trafficked Meijer location – ranked in the top 2% of grocery stores nationwide in terms of annual visits per Placer.ai

Property Flyers

Cap Rate: 7.00 %

Major Tenants

Tenant SF Occupied Lease End Date
Guidepost Montessori School

Public Transportation

AirportDriveWalkDistance
Indianapolis International 57 min - 34.3 mi
John Andreini 650-678-7200 CP Partners CRE
John Andreini 650-678-7200 CP Partners CRE