13650 Bent Grass Ln Fishers, IN 46038-8363

Property Details for 13650 Bent Grass Ln

Year built

2022

Construction

TYPE NOT SPECIFIED

Lot size

1.30 lot acres

Property size

10,056 SF

Property type

Office Properties & Spaces

APN

29-11-19-067-002.000-006

APU

291119067002000006

Description

Exceptional investment opportunity: a 10,000-square-foot, single-tenant net-leased daycare center in Fishers, Indiana. This property, built in 2023, boasts a 20-year lease (commencing January 1, 2023, and expiring December 31, 2042) with The Learning Experience, a nationally recognized brand with over 450 locations. The lease includes 11% rental increases every five years, providing a strong hedge against inflation. The property features a 7.25% cap rate and a current NOI of $368,500, with an asking price of $5,085,000 ($508.50 per square foot). Situated on a 1.31-acre lot (APN: 29-11-19-067-002.000-006) at 13650 Bent Grass Ln, Fishers, IN 46038, this high-profile location enjoys excellent visibility along Indiana State Road 37, a major retail corridor with over 41,000 vehicles per day. The area is densely populated, with numerous schools and other retail establishments nearby, including a Walmart Neighborhood Market, McDonald's, and other national chains. This presents a rare opportunity to acquire a brand-new, high-performing asset with significant long-term growth potential in a thriving market. The property benefits from a strong corporate guarantee and minimal landlord responsibilities. This is a turnkey investment ideal for long-term, passive income generation.

Location Insight

City

Fishers

County

Hamilton

State

Indiana

Longitude

-86.0029

Latitude

39.9866

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments