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Investment Highlights
- Two indoor pools with lane configurations and full aquatic murals
- Central Hamilton County location convenient to Noblesville, Fishers, Carmel, and Westfield
- Two parent viewing/waiting areas with floor-to-ceiling observation windows, locker rooms & shower facilities
Executive Summary
This purpose-built aquatic facility sits in the established Stony Creek Business Park at 146th Street and State Road 37, offering investors a specialized, income-producing asset backed by a lease to a long tenured swim school operator with an outstanding local reputation and a long continuous occupancy at the site. The building’s specialized
construction; heated indoor pool, purpose-built layout, and central Hamilton County location convenient to Noblesville, Fishers, Carmel, and Westfield; supports strong tenant retention and limits re-tenanting risk, making this a compelling opportunity for buyers seeking a stable, cash-flowing commercial property with a proven operating history.
construction; heated indoor pool, purpose-built layout, and central Hamilton County location convenient to Noblesville, Fishers, Carmel, and Westfield; supports strong tenant retention and limits re-tenanting risk, making this a compelling opportunity for buyers seeking a stable, cash-flowing commercial property with a proven operating history.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,768 SF
Building Class
C
Year Built
1991
Price
$1,700,000
Price Per SF
$174.04
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.28 AC
Zoning
C-Commercial
Parking
75 Spaces (7.68 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-11-18-000-004.032-013 | Improvements Assessment | $286,400 |
| Land Assessment | $206,100 | Total Assessment | $492,500 |
Property Taxes
Parcel Number
29-11-18-000-004.032-013
Land Assessment
$206,100
Improvements Assessment
$286,400
Total Assessment
$492,500
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15550 Stony Creek Way
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