91 West 91st Street

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91 West 91st Street

Indianapolis, IN 46260
Asking Price
$4.82M
Cap Rate
6.75%
Asset Type
Day Care/Nursery Retail
Class
Class B

What's Special

2,150+ Unit Operator | 11-Year NNN Lease | Indianapolis, IN | 2% Annual Increases <ul><li>​KinderCare is the largest provider of early education and child care, operating more than 2,700 centers nationwide.</li><li>​Indianapolis, the state's capital, continues to experience robust economic growth driven by multi-billion-dollar investments in healthcare and life sciences, transformative mixed-use developments, major convention and tourism infrastructure expansion, and sustained industrial growth.</li><li>​~11 years remaining on Triple Net (NNN) Lease with 2% annual rent escala

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NOI
$80,000
Cap Rate
1.66%
DSCR
0.28
Underwater
Cash-on-Cash
-14.26%
Monthly Payment
$23,856.64
Annual Cash Flow
$-206,279.678

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