The Nest S

Highlights:

• Brand-new 20-year absolute net lease featuring 2% annual rental increases throughout the base term and options
• Lease is guaranteed by tenant’s ultra-high net worth founder (contact Agent for more details)
• $34/sf rent – well below most new education leases which average $45-50/sf
• Large 2 acre lot
• Significant early education demand – 3x the amount of kids age 0-6 vs. licensed capacity seats in the direct trade area
• Explosive growth submarket – projected population increase within a 1, 3, and 5-mile radius of the subject property over the next five years

Description:

A 20-year corporate Nest School lease featuring 2% annual rental increases and backed by an ultra-high net worth guarantor. The subject property is located in Noblesville, an explosive growth Indianapolis suburb boasting affluent parent demos – $154,000 average household incomes and 120,000 residents within a 15-minute drive time radius.

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