Log In/Sign Up
Your email has been sent.
The Nest Schools 18110 Grassy Branch Rd 10,875 SF Retail Building Westfield, IN 46074 $6,921,428 ($636.45/SF) 7% Cap Rate
Investment Highlights
- Brand-New 15-Year Lease
- Large Early Education Facility
- Strong Rental Income
- High-Growth Suburban Asset
Executive Summary
Surmount is pleased to present the exclusive listing for a The Nest Schools located at 18110 Grassy Branch Road, Westfield, IN 46074. The site consists of roughly 10,875 rentable square feet of building space on an estimated 2.06-acre parcel of land. The Nest Schools is subject to a 15-year Modified Triple Net lease, which commenced 9/1/2025. The current annual rent is $484,500 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,875 SF
Building Class
C
Year Built
2024
Price
$6,921,428
Price Per SF
$636.45
Cap Rate
7%
NOI
$484,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.06 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-06-32-025-047.000-015 | Improvements Assessment | $2,451,400 |
| Land Assessment | $412,000 | Total Assessment | $2,863,400 |
Property Taxes
Parcel Number
29-06-32-025-047.000-015
Land Assessment
$412,000
Improvements Assessment
$2,451,400
Total Assessment
$2,863,400
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
