Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

The Nest Schools 17313 Spring Mill Rd 11,275 SF 100% Leased Retail Building Westfield, IN 46074 $8,869,286 CAD ($786.63 CAD/SF) 7% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Brand-new 15-year lease featuring 2% annual rental increases
  • Lease is guaranteed by tenant’s ultra-high net worth founder (contact Agent for more details)
  • Very strong guarantor – Nine-figure net worth
  • Three, 5-year options to extend the lease at increased rents
  • Brand-new building delivered in 2023 with new roof that has 15-year warranty in place
  • Adjacent to heavily trafficked Meijer location – ranked in the top 2% of grocery stores nationwide in terms of annual visits per Placer.ai

EXECUTIVE SUMMARY

A 15-year corporate Nest School lease featuring 2% annual rental increases and backed by an ultra-high net worth guarantor. Subject property is adjacent to a heavily trafficked Meijer location ranked in the top 2% of grocery stores nationwide in terms of annual visits per Placer.ai.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,275 SF
Building Class
C
Year Built
2023
Price
$8,869,286 CAD
Price Per SF
$786.63 CAD
Cap Rate
7%
NOI
$620,864 CAD
Percent Leased
100%
Building Height
1 Story
Building FAR
0.22
Lot Size
1.20 AC

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Educational Services
  • -
  • -
  • -

The core values of knowledge, work, agency, and trade come together to form the benevolent, aspirational culture that is common to every Guidepost classroom. This culture is at once universally constant—the same whether students visit Guidepost at Foothill Ranch in California, at Hollywood Beach in Florida, or at Magnificent Mile in Chicago—and wholly singular—taking on the unique personality of the individual parents, guides, and children that form each particular community. The end result of such a culture is more than children who learn to read, write, and think mathematically years ahead of their peers. The result is more even than children who can think, work, and succeed independently—and enjoy the process. The end result is children who can look across the span of their whole lives, work to understand the infinite texture of choices and paths open to them, and confidently craft a life that is good, purposeful, fully their own and fully lived.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Educational Services - - -

NEARBY MAJOR RETAILERS

Meijer
BMO Bank
F45 Training, Inc.
Snap Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-09-02-000-001.201-015
Land Assessment
$609,232 CAD
Improvements Assessment
$2,382,040 CAD
Total Assessment
$2,991,272 CAD
  • Listing ID: 35996043

  • Date on Market: 2025-05-27

  • Last Updated:

  • Address: 17313 Spring Mill Rd, Westfield, IN 46074

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}