250 S Harbour Dr Noblesville, IN 46062
Property Features for 250 S Harbour Dr
General Information
- Lot size
- 2.18 Acres
Source:
Cppcre
Listing Agent: John Andreini
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Corporate Leased School in Noblesville
This property features a 20-year corporate lease with Nest School, including 2% annual rental increases, and is backed by a high-net-worth guarantor. Located in Noblesville, a rapidly growing Indianapolis suburb, the property benefits from affluent demographics, with average household incomes of $154,000 and a population of 120,000 within a 15-minute drive. The new 20-year absolute net lease includes 2% annual rental increases throughout the base term and options. The lease is guaranteed by the tenant's high-net-worth founder. The rent is $34 per square foot, which is below the average of $45-50 per square foot for new education leases. The property includes a large 2-acre lot. There is significant demand for early education, with three times the number of children aged 0-6 compared to licensed capacity seats in the direct trade area. The submarket is experiencing rapid growth, with a projected population increase within a 1, 3, and 5-mile radius of the property over the next five years.
Location Intelligence
Current Use by Public Records
Day care centers
Similar Places Nearby
Hinkle Creek Elementary School
Location Insight
- Map
- Local Demand
- City
- Noblesville
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.0475242
- Latitude
- 40.0616978
Nearby Similar for Sale
FAQs
What type of property is this?
Day care center - 20-year corporate lease in high-growth Indianapolis suburb.
Where is this day care center located?
The property is located at 250 S Harbour Dr Noblesville, IN.
What are key features of this property?
This property features: - 20-year corporate Nest School absolute net lease with 2% annual rental increases.; - Lease guaranteed by an ultra-high net worth founder.; - Located in a high-growth Indianapolis suburb (Noblesville) with affluent demographics.
