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Single-Tenant Childcare Center
New
For Sale
$5,065,000

1565 W Smokey Row Rd, Greenwood, IN 46143

Single-tenant childcare facility with outdoor play space and a long-term net lease.

Property Size10,000 SF
Lot Size1.05 Acres
Price / SF$506.50
Days on Market3

Property Features for 1565 W Smokey Row Rd

General Information

Standard status Active
Size 10,000 SF
Total Parking Spaces 33
Lot size 1.05 Acres
Property subtype Retail

Amenities

outdoor play area

Building Details

Buildings 1
Tenancy Single
Listing Agency: Los Angeles - Orange County
Listed By: Eric Carlton · License #01809955
Source: Colliers
Added: Sep 21 Last Checked: Sep 22 at 1:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Los Angeles - Orange County

Investment Insights

Based on property information with market context.

This single-tenant childcare center includes a 10,000 SF building on a 1.05-acre parcel, along with a 4,500 SF outdoor play area and 33 parking spaces. The tenant is The Learning Experience, and the property is subject to a net lease with over 17 years remaining in the primary term. Lease provisions include two 5-year option periods, 11% rent increases every 5 years, a corporate guaranty, and limited landlord responsibilities.

The property is positioned at the signalized intersection of W Smokey Row Road and N State Road 135, where combined traffic is reported at 23,700. It is located 14 miles from downtown Indianapolis and functions as a shadow pad to a Kroger-anchored shopping center. The parcel is adjacent to Scottsdale Estates Community, planned to include more than 470 new single-family homes when complete. Nearby retailers include Chase Bank, O’Reilly Auto Parts, Starbucks, Burger King, Goodwill, and Shell.

Key Highlights

  • 1.05‑acre parcel with a 10,000 SF childcare building
  • 4,500 SF outdoor play area and 33 parking spaces
  • Over 17 years remaining in the primary lease term

Property Analytics

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Current Use

The Learning Experience - Greenwood Daycare Center

Suggested Use

Top Pick Building Supply Law Firm Dental Office Auto Repair Shop Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46143, IN

62,618
Population
23,417
Households
2.7
Avg Household Size
36
Median Age
36%
College-Educated
93%
High-School Grad
49.4 sq mi
ZIP Area
1,268
Density / Sq Mi
$89,401
Median Household Income
$51,213
Median Earnings
$1,427
Median Rent
$295,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Day care center - Single-tenant childcare facility with outdoor play space and a long-term net lease.
Where is this day care center located?
The property is located at 1565 W Smokey Row Rd Greenwood, IN.
What is the asking price?
The asking price for this property is $5,065,000.
What are key features of this property?
This property features: 1.05‑acre parcel with a 10,000 SF childcare building; 4,500 SF outdoor play area and 33 parking spaces; Over 17 years remaining in the primary lease term
More about this property
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