7271 Us-52New Palestine, IN 46163
Thriving daycare, strong lease, excellent ROI.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 124
Highlights
- Exceptional investment opportunity: Established daycare center in high-growth New Palestine, IN (near Indianapolis).
- 3,036 SF building on 1.99-acre lot with 24 parking spaces.
- 100% occupancy, $60,000 NOI, 8% cap rate, $750,000 asking price ($247/SF).
- NNN lease with single tenant, three years remaining plus two five-year options with rent increases.
- Convenient location near I-465 and US-52.
Property Details for 7271 Us-52
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 3,036 SF
- Year Built
- 2009
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 86,684 SF
- Units
- 1
Location Insight
- City
- New Palestine
- County
- Hancock
- State
- Indiana
- Latitude
- 39.730758867916
- Longitude
- -85.937816239893
Nearby Comparable
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - Thriving daycare, strong lease, excellent ROI.
- Where is the day care center & nursery located?
- The property is located at 7271 Us-52 New Palestine, IN.
- What is the asking price?
- The asking price for this property is $750,000.
- What are key features of this property?
- This property features: Exceptional investment opportunity: Established daycare center in high-growth New Palestine, IN (near Indianapolis).; 3,036 SF building on 1.99-acre lot with 24 parking spaces.; 100% occupancy, $60,000 NOI, 8% cap rate, $750,000 asking price ($247/SF).
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