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Head Start Day Care NNN

5520 W 38th St. Indianapolis, IN 46254

5520 W 38th St., Indianapolis, IN, 46254
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For Sale
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Fee-simple NNN sale with a federally designated Head Start tenant and recent tenant-funded renovation.

Property Size15,400 SF
Price / SF$68.83
Days on Market65

Property Features for 5520 W 38th St.

General Information

Standard status
Active
Size
15,400 SF
Property subtype
Special Purpose

Building Details

Year Built
2001
Listing agency Marcus & Millichap - Indianapolis
Listed by Forest Bender · License #IN AB21405968
Source Crexi
Added: May 19 Updated: Jul 21 at 5:45PM Checked: Jul 22 at 10:53AM

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 Marcus & Millichap - Indianapolis


Investment Insights

Based on property information with market context.

This fee-simple NNN property is operated by Family Development Services, a Head Start provider serving both Marion and Hamilton Counties. The tenant manages day-to-day operations, while the investment is structured for zero management responsibilities. Family Development Services recently completed a comprehensive renovation of the building, investing more than $1,000,000 of tenant capital into the space.

The property is located at 5520 W. 38th St., Indianapolis, Indiana. Family Development Services has maintained continuous, long-standing occupancy at this location, establishing an established presence as a community anchor on Indianapolis’s northwest side.

The offering is presented as a proven, ongoing operation under the Head Start and Early Head Start programs administered by the U.S. Department of Health & Human Services.

Key Highlights

  • Year built 2001
  • Fee‑simple NNN sale with Family Development Services as the federally designated Head Start tenant
  • Family Development Services holds exclusive federal Head Start provider designation for both Marion and Hamilton Counties

Property Analytics

Location Intelligence

Current Use by Public Records

Family Development Services ... High School Indianapolis Fire Department ... Fire Station

Suggested Use

Law Firm Real Estate Agency Dental Office Parking Lot & Garage Gym & Fitness Center Electrical Service Accounting Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Garden Center

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

Similar Off Market Nearby

  • Shining Star Childcare Ministry — 5440 E 38th St, Indianapolis, IN 46218
  • Mt. Zion's Loving Daycare — 4900 E 38th St, Indianapolis, IN 46218
  • Precious Moments Day Care — 3642 n emerson ave, indianapolis, in 46218
  • Rosies Tiny Tots Daycare Ministry — 3764 N Leland Ave, Indianapolis, IN 46218
  • 311 Learning Academy Ministry — 6023 E 34th St, Indianapolis, IN 46226

FAQs

What type of property is this?
Day care center - Fee-simple NNN sale with a federally designated Head Start tenant and recent tenant-funded renovation.
Where is this day care center located?
The property is located at 5520 W 38th St. Indianapolis, IN.
What is the asking price?
The asking price for this property is $1,060,000.
What are key features of this property?
This property features: Year built 2001; Fee‑simple NNN sale with Family Development Services as the federally designated Head Start tenant; Family Development Services holds exclusive federal Head Start provider designation for both Marion and Hamilton Counties
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