(2) Net Leased Investment (Goddard School Tenant) - Greenwood, IN

5044 Bancroft Lane
Greenwood, IN 46142

Status Sold
Property Type Shopping Center / Retail (Day Care Facility)
Building Size 8,000 SF
Price $1,867,000
Property Overview

One of 6 central Indiana net leased investment opportunities in the real estate occupied by a Goddard School franchise. The Goddard Schools are accredited early childhood learning centers. The franchise continued its strong growth in 2010, and was just recently ranked #87 in Entrepreneur's Franchise 500 and was the top ranked childcare franchise for the 10th consecutive year. (see link just below photo)

The Greenwood franchise maintains exceptional Full Time Equivalent standards and has potentially 11 years remaining on the modified NNN lease. Contact one our brokers for more information on any of The Goddard School investment opportunities, including lease structures and FTEs.

*** REAL ESTATE ONLY FOR SALE ***

State Road 37 south to W Smith Valley Road (County Road 900 S). East on Smith Valley Rd to Morgantown Road (500 W). North on Morgantown to Bancroft, property is on the north side of the road.

General Listing Information
Acreage 1.29 acres
Building Size 8,000 SF
Building Class B
Property Use Investment
Built Yet Yes
# of Buildings 1
# of Units 1
# of Stories 1
Free Standing Yes
Parking Description 31 surface spaces
Utilities Available Cable, Electric, Gas, Water
Financial Overview
Asking Price $1,867,000
Terms Cash to Seller
Buyer Agent Commission 2.5%
Cap Rate 8.50%