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| Price $6,565,000 | Built/Renov 2024 | Tenant Kiddie Academy |
| Cap Rate 6.75% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
10,717
| Lease Start
04-09-2024
| #Units
339
|
| Price/SF $612.58 | Expiration
04-30-2044
| Tenant Type Daycare/Education |
| NOI $443,133 | R. Term 19.5 | Ownership Fee Simple |
| Rent/SF
$41.35
| Increases 2.0%/1/yrs | Pop 5Mi 68,039 |
| Lot/AC 1.23 | Options 3/5yrs/2% | AHHI 5Mi $209,537 |
| | |
Kiddie Academy is strategically located on Marketplace Drive, surrounded by well-known national tenants including Starbucks, Home Goods, Kohl's, Marshalls, Best Buy, and more. The property is close to key community amenities such as Zionsville Community High School, Union Elementary School, Holliday Farms, townhouse developments, a senior living facility, retail shops, and more. The 5-mile...
...New construction
Strategically located
Strong tenant synergy
Highway close
Top 100 MSA
Affluent AHHI $100K 5 Mi
Long 20+ yr lease
Favorable NN+ lease
Annual rent increases
Personal guarantee
Kiddie Academy Educational Child Care is one of the leading childcare franchise providers in the United States. Kiddie Academy is a nationally recognized provider of comprehensive educational...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 4,056 | 34,400 | 85,132 |
| 2024 Total Population : | 3,764 | 31,385 | 77,835 |
| 2024 Employed Civilian Pop : | 1,733 | 16,068 | 40,177 |
| 2024 Total Businesses : | 26 | 804 | 2,276 |
| 2024 Average Household Income : | $ 270,524 | $ 226,365 | $ 216,902 |
| 2024 Total Consumer Spending : | $ 249 M | $ 2001 M | $ 4979 M |
| 2024 Median Age : | 39 | 40 | 40 |
| 2024 Total Households : | 1,099 | 10,439 | 27,082 |
| 2024 Pop Age 25+: Bachelor's Degree : | 1,046 | 7,967 | 20,657 |
| 2024 Average Home Value : | $ 690,718 | $ 580,577 | $ 578,125 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Michigan Rd | O'Neal Rd | 2018 | 12,977 | 0.35 mi |
| South Michigan Road | Bridlewood Trl | 2021 | 10,802 | 0.38 mi |
| East 300 South | W 146th St | 2021 | 21,375 | 0.71 mi |
| E 300 S | W 146th St | 2011 | 4,350 | 0.74 mi |
| Foutaine Way | Brookhaven Blvd | 2021 | 325 | 0.76 mi |
| S Michigan Rd | Brittany Dr | 2011 | 11,950 | 0.78 mi |
| E 300 S | W 146th St | 2018 | 21,750 | 0.81 mi |
| Abbitt Trail | Little Eagle Creek Ave | 2021 | 325 | 0.83 mi |
| Brookhaven Boulevard | Abbitt Trl | 2021 | 325 | 0.86 mi |
| Willow Road | Stevens Rd | 2021 | 2,604 | 0.89 mi |
Maple Grove, MN
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Windsor, CO
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Hoschton, GA
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Summit, NJ
Cap Rate 6.50%
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R. Term 19.50 yrs
Size/SF 11,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
