Recently Renovated Day Care
For Sale
$1,270,000
8485 Woodfield Crossing Blvd, Indianapolis, IN 46240
Recently renovated KinderCare day care offers a new 10-year double-net lease commencing May 1, 2017.
Property Size9,397 SF
Price / SF$135.15
Days on Market152
Property Features for 8485 Woodfield Crossing Blvd
General Information
Standard status
Active
Size
9,397 SF
Class
A
Property subtype
Child Care
Lease Type
Absolute Net
Amenities
Former 9,397-Square-Foot Daycare on 1.2 Acres Located at Woodfield Crossing Office Park
Zoned Commercial Service (CS) & Development Planned (DP) - Daycare, Medical, Office, Service
Located Near the intersection of E. 86th Street & Keystone Avenue
Three Mile Radius - Average Household Income - $116,955 - Population - 57,000
Building Details
Building Size
9,397 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Detroit
Listed By:
John Nuzman · License #License(s): MI: 6506045546
(248) 415-2616
Source:
Marcusmillichap
Added: Apr 10
Changed: Aug 27
Last Checked: Sep 7 at 4:32AM
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 - Detroit
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.
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,002
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46240, IN
20,148
Population
11,673
Households
1.7
Avg Household Size
40
Median Age
59%
College-Educated
96%
High-School Grad
9.8 sq mi
ZIP Area
2,056
Density / Sq Mi
$70,728
Median Household Income
$51,822
Median Earnings
$1,255
Median Rent
$328,600
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Woodfield Crossing KinderCare — 8485 Woodfield Crossing Blvd, Indianapolis, IN 46240
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- Early Childhood Center - Church at the Crossing — 9111 Haverstick Rd #1353, Indianapolis, IN 46240
- Indy Kids Daycare - Innocent Hearts — 9269 N Temple Ave, Indianapolis, IN 46240
Frequently Asked Questions
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 is the asking price?
The asking price for this property is $1,270,000.
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.
