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626 S Morgantown Rd
Greenwood, IN 46142
Kiddie Academy | Greenwood, IN · Retail Property For Sale
Investment Highlights
- New Construction Single-Tenant Kiddie Academy: New 20-year lease with 10% increases every 5 years | Three 5-year renewal options at 10% increases
- The Property is Part of the New Shops at Center Grove Retail Center Development: Development will feature a 49,900 sq ft Market District grocery store
- Indianapolis MSA Location: Over 2.1 million people within the MSA | Located 15 min south of Indianapolis | 75% of the U.S. pop is within 1-day drive
- Huge Growth in Child Care Centers in the US & the Local Market: $57 billion industry & is forecast to reach $62.1 billion in the next 5 years
- One of Indiana’s Fastest Growing Communities; Ideal Demographics for a Child Learning Center: Average household incomes of $145,000+ within a 1-mile
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,000 SF
Building Class
B
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.69 AC
Zoning
B1 - Business - Office
Property Taxes
| Parcel Number | 41-03-33-044-032.000-038 | Improvements Assessment | $0 |
| Land Assessment | $404,000 | Total Assessment | $404,000 |
Property Taxes
Parcel Number
41-03-33-044-032.000-038
Land Assessment
$404,000
Improvements Assessment
$0
Total Assessment
$404,000
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