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Little Learner's Early Childhood Center 7271 W US Highway 52

3,326 SF Office Building New Palestine, IN 46163 $750,000 ($225/SF) 8% Cap Rate

Executive Summary

Excellent investor opportunity in fast growing New Palestine ( Metro Indy). This Absolute Net Investment property on 1.99 acres is an established daycare with 7 years of experience located just 6 miles for the I-465 and US-52 interchange. There are 3 years left on the initial term with two five-year renewals and annual rent increases. This investment property is priced at an 8 cap.
A full Offering Memorandum with a draft financial analysis from Analyst Pro based on the properties lease agreement and addendum with lease documents are available after executing the attached NDA.
Please consult your financial advisor for financial analysis verification.
CENTURY 21 COMMERCIAL

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
3,326 SF
Building Class
B
Year Built
2009
Price
$750,000
Price Per SF
$225
Cap Rate
8%
NOI
$60,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,000 SF
Building FAR
0.03
Lot Size
2.76 AC
Zoning
C - Commercial
Parking
20 Spaces (6.67 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-09-23-400-036.002-012
Land Assessment
$199,400
Improvements Assessment
$358,200
Total Assessment
$557,600
  • Listing ID: 32567305

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 7271 W US Highway 52, New Palestine, IN 46163

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