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2441 Lafayette Rd 5,108 SF Retail Building Indianapolis, IN 46222 $922,935 CAD ($180.68 CAD/SF) 10% Cap Rate
Executive Summary
Prime NNN daycare investment opportunity in Indianapolis offered at a 10% cap rate with $65,000 NOI. The property is leased to an established childcare operator, providing investors with stable income, essential-service tenancy, and minimal landlord responsibilities. Located on Lafayette Road with strong visibility and easy access, this asset offers an attractive combination of cash flow, long-term tenant demand, and below-replacement-cost real estate. Ideal for investors seeking a passive, income-producing NNN asset with strong yield in an established Indianapolis corridor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,108 SF
Building Class
C
Year Built
1940
Price
$922,935 CAD
Price Per SF
$180.68 CAD
Cap Rate
10%
NOI
$92,293 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.53
Lot Size
0.22 AC
Zoning
C-4
Parking
50 Spaces (9.78 Spaces per 1,000 SF Leased)
Frontage
144’ on Lafayette Rd
Amenities
- Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 49-06-28-110-013.000-901 | Improvements Assessment | $204,608 CAD |
| Land Assessment | $95,417 CAD | Total Assessment | $300,025 CAD |
Property Taxes
Parcel Number
49-06-28-110-013.000-901
Land Assessment
$95,417 CAD
Improvements Assessment
$204,608 CAD
Total Assessment
$300,025 CAD
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Presented by
X Platinum LLC
2441 Lafayette Rd
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