7271 Us-52 New Palestine, IN 46163
- Day care centers
- 3,036 SF
- 1.99 lot acres
Current Use by Public Records
- Day care centers
Property Details for 7271 Us-52
- Year built
- 2009
- Lot size
- 1.99 lot acres
- Property size
- 3,036 SF
- Property type
- Day care centers
- Property subtype
- Retail properties
Description
Exceptional investment opportunity: a Little Learner's Early Childhood Center in rapidly growing New Palestine, Indiana (Metro Indy area). This established daycare, operating since 2009, occupies a 3,036 square foot building situated on a 1.99-acre lot with ample parking (24 spaces). The property boasts a 100% occupancy rate, generating a strong pro-forma NOI of $60,000 and an 8% pro-forma cap rate. The asking price is $750,000, translating to $247.04 per square foot. This is an absolute NNN lease with a single tenant, providing significant investor security. The current lease has three years remaining on the initial term, followed by two five-year renewal options with built-in annual rent increases. The property is conveniently located near the I-465 and US-52 interchange, providing easy access for families. This is a turnkey investment opportunity with a proven track record and significant upside potential. The property features one single-story building. Further financial details are available upon request. The APN is 30-09-23-400-036.002-012. The address is 7271 US-52, New Palestine, IN 46163.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Palestine
- County
- Hancock
- State
- Indiana
- Longitude
- -85.9378
- Latitude
- 39.7308
