Build-to-Suit Day Care
For Sale
Contact for pricing
17415 Spring Mill Rd, Westfield, IN 46074
Corporate-backed childcare facility with a 20-year lease and scheduled rent increases during the primary term and renewal options.
Property SizeContact for details
Days on Market141
Property Features for 17415 Spring Mill Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
(312) 782-5800
Listed By:
Mohsin Mirza · License #IL 475.189943
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 11:55AM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This build-to-suit day care center is occupied by The Learning Experience Academy of Early Education at 17415 Spring Mill Rd. The lease provides a 20-year term, with The Learning Experience Corp. furnishing a corporate guaranty for the first ten years. Contractual rent increases of 11.0% occur every 5-years during the initial term and continue through two, 5-year options.
The property is in Westfield, approximately 20 minutes north of downtown Indianapolis, and sits adjacent to a Meijer grocery store that draws over 1.2 million visitors annually. Westfield recorded 100.4% population growth over the last decade within a 1-mile radius. The Learning Experience operates over 315 open locations, with 250 additional locations in various development stages.
The property is in Westfield, approximately 20 minutes north of downtown Indianapolis, and sits adjacent to a Meijer grocery store that draws over 1.2 million visitors annually. Westfield recorded 100.4% population growth over the last decade within a 1-mile radius. The Learning Experience operates over 315 open locations, with 250 additional locations in various development stages.
Key Highlights
- Build‑to‑suit day care center at 17415 Spring Mill Rd, Westfield, IN 46074
- 20‑year lease with two, 5‑year options
- Corporate guaranty from The Learning Experience Corp. covering the initial ten years
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46074, IN
42,598
Population
17,118
Households
2.5
Avg Household Size
36
Median Age
61%
College-Educated
97%
High-School Grad
36.4 sq mi
ZIP Area
1,170
Density / Sq Mi
$123,580
Median Household Income
$60,250
Median Earnings
$1,550
Median Rent
$400,000
Median Home Value
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Similar Off Market Nearby
- Guidepost Montessori at Spring Mill — 17313 Spring Mill Rd, Westfield, IN 46074
- Miss Maggie’s Preschool — William Trace Blvd, Westfield, IN 46074
Frequently Asked Questions
What type of property is this?
Day care center - Corporate-backed childcare facility with a 20-year lease and scheduled rent increases during the primary term and renewal options.
Where is this day care center located?
The property is located at 17415 Spring Mill Rd Westfield, IN.
What are key features of this property?
This property features: Build‑to‑suit day care center at 17415 Spring Mill Rd, Westfield, IN 46074; 20‑year lease with two, 5‑year options; Corporate guaranty from The Learning Experience Corp. covering the initial ten years
