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The Nest Schools 18110 Grassy Branch Rd 10,875 SF Retail Building Westfield, IN 46074 $9,576,142 CAD ($880.56 CAD/SF) 7% Cap Rate
Investment Highlights
- Brand-New 15-Year Lease
- Large Early Education Facility
- Strong Rental Income
- High-Growth Suburban Asset
Executive Summary
Surmount is pleased to present the exclusive listing for a The Nest Schools located at 18110 Grassy Branch Road, Westfield, IN 46074. The site consists of roughly 10,875 rentable square feet of building space on an estimated 2.06-acre parcel of land. The Nest Schools is subject to a 15-year Modified Triple Net lease, which commenced 9/1/2025. The current annual rent is $484,500 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,875 SF
Building Class
C
Year Built
2024
Price
$9,576,142 CAD
Price Per SF
$880.56 CAD
Cap Rate
7%
NOI
$670,330 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.06 AC
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-06-32-025-047.000-015 | Improvements Assessment | $3,382,417 CAD |
| Land Assessment | $568,473 CAD | Total Assessment | $3,950,891 CAD |
Property Taxes
Parcel Number
29-06-32-025-047.000-015
Land Assessment
$568,473 CAD
Improvements Assessment
$3,382,417 CAD
Total Assessment
$3,950,891 CAD
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The Nest Schools | 18110 Grassy Branch Rd
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