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91 W 91st St
Indianapolis, IN 46260 Nora Far Northside

$4,822,003 USD

Daycare Center For Sale  •  12,633 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 14,820 SF
  • Lot Size 0.88 AC
  • Building Class B
  • Year Built 2022
  • Cap Rate 6.75 %
  • Tenancy Single
  • Zoning ZO01
10 Transit Score
50 Walk Score

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 with strong concentrations .
The city continues to add substantial residential density through downtown redevelopment projects, with thousands of new apartment units delivered.
Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
KinderCare 14,820 SF 1/31/2037

Public Transportation

AirportDriveWalkDistance
Indianapolis International 46 min - 24.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 22
Type: Surface
Included in Rent: Yes
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC
Seth Krepistman 512-543-7437 Sands Investment Group Austin, LLC