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8485 Woodfield Crossing Blvd, Indianapolis, IN, 46240
Recently Renovated Day Care Center

8485 Woodfield Crossing Blvd Indianapolis, IN 46240

For Sale
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Recently renovated KinderCare day care offers a new 10-year double-net lease commencing May 1, 2017.

Property Size9,397 SF
Days on Market105

Property Features for 8485 Woodfield Crossing Blvd

General Information

Standard status
Active
Size
9,397 SF
Property subtype
Retail
Listing Agency: SAB Capital
Listed By: Preet Sabharwal · License #NY 10401215775
Source: Crexi
Added: Apr 10 Changed: Jul 22 Last Checked: Jul 22 at 7:47PM

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 SAB Capital


Investment Insights

Based on property information with market context.

Marcus & Millichap presents a recently renovated KinderCare day care center totaling 9,397 square feet. The property is leased under a brand new 10-year double-net (NN) lease with minimal landlord responsibilities, set to commence May 1, 2017. The lease includes 2 percent rent increases every five years during the base term, along with 7 percent rent increases in each of the three five-year options. The lease is guaranteed by KinderCare Education, Limited Liability Company, operator of more than 1,700 day cares across the United States.

The asset is located within the Woodfield at the Crossing office park. The office park is described as a class A complex with four mid-rise buildings totaling more than 600,000 square feet, and a daytime population of more than 15,000 people within one mile. The office park features employers including Charles Schwab, Federal Home Loan Bank of Indianapolis, CBS Outdoor, and Edward Jones.

Three schools are listed as being within one mile of the property: Hilltop Elementary School, Northern Central High School, and Colonial Christian School.

Key Highlights

  • Recently renovated 9,397 SF KinderCare day care in Indianapolis, IN with over 20 years of operating history at the location.
  • New 10‑year double‑net (NN) lease set to commence May 1, 2017, with minimal landlord responsibilities.
  • Lease includes 2% rent increases every five years over the base term and 7% rent increases in each of the three, five‑year options.

Property Analytics

Location Intelligence

Current Use by Public Records

Woodfield Crossing KinderCare Daycare Center Bike Parking Bicycle Rack

Suggested Use

Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Butcher Home Appliance Store

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

Similar Off Market Nearby

  • Champions — Indianapolis, IN 46240
  • Indy Kids Daycare - Innocent Hearts — 9269 N Temple Ave, Indianapolis, IN 46240
  • Woodfield Crossing KinderCare — 8485 Woodfield Crossing Blvd, Indianapolis, IN 46240
  • Northeast Cooperative Preschool and Kindergarten — 2720 E 86th St, Indianapolis, IN 46240
  • Early Childhood Center - Church at the Crossing — 9111 Haverstick Rd #1353, Indianapolis, IN 46240

FAQs

What type of property is this?
Day care center - Recently renovated KinderCare day care offers a new 10-year double-net lease commencing May 1, 2017.
Where is this day care center located?
The property is located at 8485 Woodfield Crossing Blvd Indianapolis, IN.
What are key features of this property?
This property features: Recently renovated 9,397 SF KinderCare day care in Indianapolis, IN with over 20 years of operating history at the location.; New 10‑year double‑net (NN) lease set to commence May 1, 2017, with minimal landlord responsibilities.; Lease includes 2% rent increases every five years over the base term and 7% rent increases in each of the three, five‑year options.
More about this property
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