Kid City USA - Leo, IN | 14621 Amstutz Rd
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Kid City USA - Leo, IN 14621 Amstutz Rd
10,400 SF Office Building Leo, IN 46765 £1,766,146 (£170/SF) 7% Net Initial Yield
Investment Highlights
- Kid City USA Has Been in Business For More Than 20-Years With 130 Locations
- Long-Term 15-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Average Household Income of $123,706 and a Population of 31,020 Residents Within a 5-Mile Radius
- Strong Personal and Corporate Guarantee By Kid City USA, Inc.
- Leo-Cedarville, a Suburb of Fort Wayne, is Located 10-Miles Northeast of Downtown and 20-Miles From Fort Wayne International Airport (FWA)
- 10 Elementary Feeder Schools Within a 10-Mile Radius
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,400 SF Kid City USA Located at 14621 Amstutz Road in Leo, IN. This Deal Includes a Long-Term 15-Year Triple Net (NNN) Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman Lic. IN #RB20001918
In Cooperation With Sands Investment Group Indiana, LLC - Lic. #RC52000211 BoR: Andrew Ackerman Lic. IN #RB20001918
Property Facts
Sale Type
Investment NNN
Property Type
Office
Property Subtype
Building Size
10,400 SF
Building Class
B
Year Built
1993
Price
£1,766,146
Price Per SF
£170
Net Initial Yield
7%
NOI
£123,630
Tenancy
Single
Number of Floors
1
Typical Floor Size
10,400 SF
Building FAR
0.10
Land Acres
2.50 AC
Zoning
R-3
Parking
58 Spaces (5.58 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Kid City USA
- Educational Services
- 10,400 SF
- £11.89
- NNN
- Jun 2039
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Kid City USA | Educational Services | 10,400 SF | £11.89 | NNN | Jun 2039 |
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PROPERTY TAXES
| Parcel Number | 02-03-21-227-030.000-082 | Improvements Assessment | £508,201 |
| Land Assessment | £72,924 | Total Assessment | £581,126 |
PROPERTY TAXES
Parcel Number
02-03-21-227-030.000-082
Land Assessment
£72,924
Improvements Assessment
£508,201
Total Assessment
£581,126
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Seth Krepistman -
Connor Brady -
Elan Sieder -
Max Freedman -
Sands Investment Group Austin, LLC
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Kid City USA - Leo, IN | 14621 Amstutz Rd
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