Daycare in New Palestine
Discover an exceptional investment opportunity in the rapidly growing area of New Palestine, Metro Indy. This Absolute NNN Lease property, built in 2009, operates as a well-established daycare center on a spacious 1.99-acre lot. The 3,036-square-foot building is fully occupied, offering an attractive pro-forma cap rate of 8.00% with a net operating income of $60,000. The lease has 3 years remaining on the initial term, with two five-year renewal options and annual rent increases, ensuring long-term income stability. Located just 6 miles from the I-465 and US-52 interchange, this investment promises solid returns in a prime location. Detailed financials are available upon request after signing an NDA.
- Type(s) of School: Preschool/Daycare/Childcare
- Status: For Sale
- City: New Palestine
- State / Province: Indiana
- Country: United States