Net Leased Investment (Goddard School Tenant) - Indianapolis, IN
10925 Cork Place
Indianapolis, IN 46236
| Status | Available |
| Property Type |
Shopping Center / Retail
(Day Care Facility)
|
| Building Size | 8,120 SF |
| Price | $1,624,000 |
| Current Zoning | C3 |
| Acres | 1.08 |
| Property Overview |
|---|
|
One of 6 central Indiana net leased investment opportunities in the real estate occupied by a Goddard School franchise. The Goddard Schools are accredited early childhood learning centers. The franchise continued its strong growth in 2010, and was just recently ranked #87 in Entrepreneur's Franchise 500 and was the top ranked childcare franchise for the 10th consecutive year. (see link just below photo) The Lawrence franchise maintains strong Full Time Equivalent standards and has potentially 10.5 years remaining on the modified NNN lease. Contact one our brokers for more information on any of The Goddard School investment opportunities, including lease structures and FTEs. *** REAL ESTATE ONLY FOR SALE *** Located at southeast corner of E 79th St. and Sunnyside Road. In same area as Walgreens and a hardware store. |
| General Listing Information | |
|---|---|
| Acreage | 1.08 acres |
| Building Size | 8,120 SF |
| Current Zoning | C3 |
| Building Class | B |
| Property Use | Investment |
| Built Yet | Yes |
| # of Buildings | 1 |
| # of Units | 1 |
| # of Stories | 1 |
| Free Standing | Yes |
| Utilities Available | Cable, Electric, Gas, Water, Storm/Drain |
| Financial Overview | |
|---|---|
| Asking Price | $1,624,000 |
| Terms | Cash to Seller |
| Buyer Agent Commission | 2.5% |
| Cap Rate | 8.50% |

