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Kid City USA | Triple Net (NNN) Lease

$1,331,707

130 East 30th Street, Indianapolis, IN 46205

Active
Last Updated: 01/21/2022

7.5

Cap Rate

99,878

NOI

Details:
Cap Rate:    7.5%
NOI:    $99,878
Building Size:    5,708 sqft
Lot Area:    0.42 acres
Year Built:    1990
Price Per Sqft:    $233.31
Roof & Structure:    Tenant’s Responsibility
HVAC:    Tenant’s Responsibility
Repairs & Maintenance:    Tenant’s Responsibility
Highlights:
  • Long-Term Triple Net (NNN) Lease With Over 7 Years Remaining and Zero Landlord Responsibilities
  • Kid City USA Has Been in Business For More Than 20 Years With Over 50 Locations in Both Florida and Indiana; They Are Rapidly Expanding Due to the Quality of Their Programs
  • Strategically Located Within a Dense Residential Neighborhood With a Population of Over 118,371 Residents Making an Average Household Income of Over $62,428 Within a 3-Mile Radius
  • Nearby Feeder Elementary Schools Include: William Watson Woolen, Riverside, Dewitt S Morgan, KIPP Charter School and Crooked Creek Elementary
  • Easy Access to Interstate 65 Leading South into Downtown Indianapolis – Less Than a 10 Minute Commute
  • Located Just Two Blocks From the Children’s Museum of Indianapolis – the World’s Largest Children’s Museum at 472,900 SF and 5 Floors of Exhibit Halls; Over One Million People Visit Annually
  • Nearby Attractions Include: Indianapolis Motor Speedway (15 Minutes); The Track of Champions, Pavilions, Event Center and Coliseum (8 Minutes)
  • Indianapolis, the Most Populous City in Indiana, Has a MSA Population of Over 2.4 Million Residents and is Home to Three Fortune 500 Companies, the World’s Largest Children’s Museum and Most Importantly the Indianapolis 500
  • Nearby Tenants Include: United Way of Central Indiana, Habitat for Humanity, Ivy Tech Community College, KFC, Wendy’s, Jimmy John’s, Marathon Gas, Chase Bank, Family Dollar, Taco Bell and Many More
Description:

We Are Pleased to Offer For Sale the 5,708 SF Kid City USA Located at 130 E 30th Street in Indianapolis, IN. This Deal Includes a Triple Net (NNN) Lease With Over 7 Years Remaining and Zero Landlord Responsibilities, Providing For a Great Investment.



IN COOPERATION WITH: AARON MCDERMOTT Lic. # RB14031217
219.864.0200 | DIRECT aaron@latitudeco.com

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