250 S Harbour Dr
Noblesville, IN 46062 Noblesville/Durbin

$4,005,000 USD

Daycare Center For Sale • 8,200 SF

Property Details

Property Type Daycare Center
Total Building Size 8,200 SF
Lot Size 2.18 AC
Building Class B
Year Built 2003
Tenancy Single
Zoning Commercial

0 Transit Score

33 Walk Score

                
                    Highlights
                
                                Brand-new 20-year absolute net lease featuring 2% annual rental increases throughout the base term and options
                            
                                Lease is guaranteed by tenant’s ultra-high net worth founder (contact Agent for more details)
                            
                                $34/sf rent – well below most new education leases which average $45-50/sf
                            
                                Large 2 acre lot
                            
                                Significant early education demand – 3x the amount of kids age 0-6 vs. licensed capacity seats in the direct trade area
                            
                                Explosive growth submarket – projected population increase within a 1, 3, and 5-mile radius of the subject property over the next five years