13650 Bent Grass Ln Fishers, IN 46038-8363
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.
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The Learning Experience - Fishers Daycare Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.