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17313 Spring Mill Rd Westfield, IN 46074

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For Sale
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New construction Nest School with a 15-year corporate lease.

Lot size:
1.20 Acres

Property Features for 17313 Spring Mill Rd

General Information

Lot size
1.20 Acres

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Listing Contact
John Andreini
John Andreini
Source: Cppcre

Listing Agent: John Andreini

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Westfield Nest School For Sale

This property features a Nest School, constructed in 2023, situated in Westfield, an Indianapolis submarket experiencing significant population growth. Projections indicate further population increases within a 1, 3, and 5-mile radius of the property over the next five years. The tenant has recently signed a 15-year corporate lease that includes 2% annual rental increases and is backed by a high-net-worth guarantor. The lease includes three 5-year options to extend at increased rents. The newly constructed building, delivered in 2023, includes a new roof with a 15-year warranty. The guarantor has a nine-figure net worth. The surrounding area has affluent demographics, with average household incomes of $159,000 and a population of 105,000 within a 5-mile radius. The property is adjacent to a high-traffic Meijer location, ranked in the top 2% of grocery stores nationwide based on annual visits. It is also located just 2 miles from Grand Park, a 400-acre sports campus featuring 31 multi-purpose fields and 26 baseball/softball diamonds, attracting 2.5 million visitors annually.
Location Intelligence

Current Use by Public Records

Guidepost Montessori at Spring ... High School

Suggested Use

Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Guidepost Montessori at Spring Mill

Location Insight

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  • Local Demand
City
Westfield
County
Hamilton
State
Indiana
Longitude
-86.1625607
Latitude
40.0412115

FAQs

What type of property is this?
Day care center - New construction Nest School with a 15-year corporate lease.
Where is this day care center located?
The property is located at 17313 Spring Mill Rd Westfield, IN.
What are key features of this property?
This property features: - Brand-new 15-year corporate lease with 2% annual rental increases.; - Lease guaranteed by ultra-high net worth founder (nine-figure net worth).; - Located in a high-growth Indianapolis submarket (Westfield) with projected population increases.
More about this property
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