17313 Spring Mill Rd Westfield, IN 46074
Property Features for 17313 Spring Mill Rd
General Information
- Lot size
- 1.20 Acres
Source:
Cppcre
Listing Agent: John Andreini
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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
Similar Places Nearby
Guidepost Montessori at Spring Mill
Location Insight
- Map
- Local Demand
- City
- Westfield
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.1625607
- Latitude
- 40.0412115
Nearby Similar for Sale
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.
