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

$4,822,003 USD

Daycare Center For Sale  •  14,820 SF

Property Details

• Property Type Daycare Center
• Total Building Size 14,820 SF
• Lot Size 0.88 AC
• Building Class B
• Year Built 1990
• 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.

10+ 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.

A 2022 full renovation of both functional and aesthetic components includes, but is not limited to, structure, flooring, electrical, etc

Cap Rate:

6.75 %

Major Tenants

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

Amenities

• Signage

Public Transportation

Airport	Drive	Walk	Distance
Indianapolis International	46 min	-	24.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	22
Type:	Surface
Included in Rent:	Yes