13650 Bent Grass Ln, Fishers, IN 46038-8363
- Office Spaces
- 10,056 SF
- 1.30 lot acres
Current Use by Public Records
- The Learning Experience - Fishers / Daycare Center
Property Details for 13650 Bent Grass Ln
- Year built
- 2022
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.30 lot acres
- Property type
- Office Spaces
- APN
- 29-11-19-067-002.000-006
- APU
- 291119067002000006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| May 23, 2025 | $4,800,000 | Option C Properties LLC | Bradford Jacobs Fishers LLC | Special Warranty Deed | $2.9M · First Technology Federal Cu |
| Dec 17, 2024 | — | Bradford Jacobs Fishers LLC | — | Deed · related | $3.6M · The German American Bank |
| Oct 6, 2021 | — | Robert B Scott | Bradford Jacobs Fisher LLC | Other | — |
| Jul 2, 2021 | — | Bradford Jacobs Fishers LLC | Thomas A Grant INC | Special Warranty Deed | $3.1M · Eclipse Bank INC |
| Oct 26, 2020 | — | Thomas A Grant INC | Onb Realty 1 LLC | Grant Deed · related | — |
| Jul 30, 2020 | — | Thomas A Grant INC | Onb Realty I LLC | Grant Deed · related | — |
| Sep 15, 2017 | $302,500 | Blackacre Properties LLC | Onb Realty I LLC | Warranty Deed | $1M · Commercial Bk |
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,345,000
- ML approach
- $4,300,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,138,000
- AI Estimate
- $2,809,000
Market price range: $2.24M - $5.14MMarket price range: $607k - $2.81M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,305,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $4,370,000 Change: +32% Conversion: Difficult
- RETAIL STORES
- $3,340,000 Change: +1% Conversion: Easy
- AUTO REPAIR, GARAGE
- $2,905,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fishers
- County
- Hamilton
- State
- Indiana
- Longitude
- -86.0029
- Latitude
- 39.9866
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA
