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Day Care Center with Play Area
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5840 Promenade Shops Blvd, Noblesville, IN 46062

Newly built early-education facility with an outdoor play area and long-term lease structure.

Property Size10,000 SF
Lot Size1.46 Acres
Days on Market143

Property Features for 5840 Promenade Shops Blvd

General Information

Standard status Active
Size 10,000 SF
Lot size 1.46 Acres
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 2023
Tenancy Single
Listing Agency: Marcus & Millichap - Indianapolis
Listed By: Jordan Klink · License #IN RB14043752
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 3:15AM

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.

Built in 2023, this day care facility includes 10,000 square feet of interior space and an additional 5,000+ outdoor play area on 1.46 acres. The property is leased under a 20-year passive term that began in January 2024, with 11% rental escalators every five years and two additional five-year option periods.

Located at 5840 Promenade Shops Blvd in Noblesville, the property occupies the southeast corner of the signalized intersection of State Road 32, also known as Westfield Blvd., and Hazel Dell Road. The corridor connects downtown Noblesville with downtown Westfield and provides direct access into U.S. 31. The intersection experiences approximately 35,000 VPD, with Midland Pointe and the master-planned Promenade of Noblesville development nearby.

Key Highlights

  • 10,000‑square‑foot day care facility built in 2023
  • Additional 5,000+ outdoor play area
  • Situated on 1.46 acres

Property Analytics

Current Use

The Learning Experience - Noblesville Daycare Center

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store 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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

136
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46062, IN

38,915
Population
15,152
Households
2.6
Avg Household Size
38
Median Age
57%
College-Educated
98%
High-School Grad
33.5 sq mi
ZIP Area
1,162
Density / Sq Mi
$116,834
Median Household Income
$59,554
Median Earnings
$1,458
Median Rent
$351,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Weston School 3100 Westfield Rd, Noblesville, IN 46062
  • The Learning Experience - Noblesville 5840 Promenade Shops Blvd, Noblesville, IN 46062
  • Pebble Brook PreSchool 17920 Pebble Brook Blvd, Noblesville, IN 46062

Frequently Asked Questions

What type of property is this?
Day care center - Newly built early-education facility with an outdoor play area and long-term lease structure.
Where is this day care center located?
The property is located at 5840 Promenade Shops Blvd Noblesville, IN.
What are key features of this property?
This property features: 10,000‑square‑foot day care facility built in 2023; Additional 5,000+ outdoor play area; Situated on 1.46 acres
(317) 218-5316 Call to check price and availability
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