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7106 Governors Row Rd

14,940 SF Retail Building Avon, IN 46123 $4,660,000 ($312/SF) 7.25% Cap Rate

INVESTMENT HIGHLIGHTS

  • CHILDREN OF AMERICA | Unique Child Care Service
  • LONG-TERM TENANCY | RECENT 10-YEAR LEASE EXTENSION
  • GROWING CHILD CARE INDUSTRY
  • ABSOLUTE NNN | ZERO LANDLORD RESPONSIBILITIES | 12+ YEARS REMAINING TERM
  • HEALTHY RENT TO EBITDA
  • MAJOR EDUCATION HUB | ± 10 ELEMENTARY SCHOOLS NEARBY

EXECUTIVE SUMMARY

Exclusively Listed By:
Spencer Henderson | 415.315.9287 | shenderson@tradenetlease.com
Camille Renshaw | 646.770.0659 | crenshaw@tradenetlease.com
Scott Scurich | 646.770.0659 | sscurich@tradenetlease.com

In association with Samuel Smith | IN License #: RB14019962

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
14,940 SF
Building Class
B
Year Built
2012
Price
$4,660,000
Price Per SF
$312
Cap Rate
7.25%
NOI
$337,849
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.00 AC
Zoning
C-2
Parking
36 Spaces (2.48 Spaces per 1,000 SF Leased)
Frontage
242 FT on Governors Row Rd

AMENITIES

  • Wheelchair Accessible
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
32-10-14-151-002.000-031
Land Assessment
$450,000
Improvements Assessment
$3,194,100
Total Assessment
$3,644,100
  • Listing ID: 33871222

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 7106 Governors Row Rd, Avon, IN 46123

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