For Sale
$2,289,135

9765 Olympia DrFishers, IN 46037

High-yield daycare center, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 10,752 square foot, single-tenant daycare center located at 9765 Olympia Drive in Fishers, Indiana, 46037. The property boasts a strong 100% occupancy rate under a new 10-year net lease (NNN) with a 7.75% cap rate, generating a substantial net operating income (NOI) of $177,408. The asking price is $2,289,135, translating to a price per square foot of $212.90. This free-standing building is situated on one story and is ideally positioned within a thriving, affluent submarket of Fishers, consistently ranked among the top places to live in the United States. The property's strong demographics and the long-term lease provide a secure and attractive investment opportunity with significant potential for future growth. The investment type is a net lease, meaning the tenant is responsible for most operating expenses, minimizing the owner's operational responsibilities. This single-tenant retail property offers a low-risk, high-return investment in a desirable location. The property is a well-maintained, attractive building suitable for its current use as a daycare center. This is a rare opportunity to acquire a stable, high-performing asset in a prime location.

Highlights

  • 10,752 SF single-tenant daycare center in Fishers, IN.
  • 100% occupancy under a new 10-year NNN lease.
  • 7.75% cap rate, $177,408 NOI, $2,289,135 asking price ($212.90/SF).
  • Free-standing, one-story building in a high-demand Fishers submarket.
  • Low-risk, high-return investment with strong demographics and long-term lease.

Property Details for 9765 Olympia Dr

Property type
Day care centers & nurseries, Retail properties
Square Feet
10,752 SF
Buildings
1
Stories
1

Location Insight

City
Fishers
County
Hamilton
State
Indiana
Latitude
39.9298063
Longitude
-85.9831657
9765 Olympia Dr, Fishers, Indiana

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9765 Olympia Dr
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