9765 Olympia Dr Fishers, IN 46037

Property Details for 9765 Olympia Dr

Year built

1994

Construction

WOOD

Lot size

1.55 lot acres

Property size

10,752 SF

Property type

Office Properties & Spaces

APN

29-15-08-018-001.000-020

APU

291508018001000020

Description

This exceptional investment opportunity presents a 10,752 square foot, single-tenant daycare center located at 9765 Olympia Drive in Fishers, Indiana, 46037. The property boasts a strong 100% occupancy rate under a new 10-year net lease (NNN) with a 7.75% cap rate, generating a substantial net operating income (NOI) of $177,408. The asking price is $2,289,135, translating to a price per square foot of $212.90. This free-standing building is situated on one story and is ideally positioned within a thriving, affluent submarket of Fishers, consistently ranked among the top places to live in the United States. The property's strong demographics and the long-term lease provide a secure and attractive investment opportunity with significant potential for future growth. The investment type is a net lease, meaning the tenant is responsible for most operating expenses, minimizing the owner's operational responsibilities. This single-tenant retail property offers a low-risk, high-return investment in a desirable location. The property is a well-maintained, attractive building suitable for its current use as a daycare center. This is a rare opportunity to acquire a stable, high-performing asset in a prime location.

Location Insight

City

Fishers

County

Hamilton

State

Indiana

Longitude

-85.9832

Latitude

39.9298

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments