Marcus & Millichap Facilitates Sale of Net-Leased Childcare Facility in Avon, Indiana

Reuters

2025/06/07

Marcus & Millichap Facilitates Sale of Net-Leased Childcare Facility in Avon, Indiana

Marcus & Millichap Inc., a leading commercial real estate brokerage firm, announced the sale of a net-leased childcare facility occupied by The Learning Grove Academy in Avon, Indiana. The facility, built in 2009, spans 17,704 square feet and is situated on 3.17 acres at 7651 Beechwood Centre Road, approximately 20 minutes from Indianapolis International Airport. The sale was facilitated by Marcus & Millichap's senior associate, Sam Malato, and investment specialists Malato and Dominic Sulo, with Josh Caruana as the broker of record in Indiana. The property is noted for its stability as a long-term investment, featuring a premier early education tenant with a long-term net lease and annual rent increases. The Learning Grove Academy is a rapidly expanding operator in early education, with 120 locations and further acquisitions underway.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus & Millichap Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.

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The facility, built in 2009, spans 17,704 square feet and is situated on 3.17 acres at 7651 Beechwood Centre Road, approximately 20 minutes from Indianapolis International Airport. The sale was facilitated by Marcus &amp; Millichap's senior associate, Sam Malato, and investment specialists Malato and Dominic Sulo, with Josh Caruana as the broker of record in Indiana. The property is noted for its stability as a long-term investment, featuring a premier early education tenant with a long-term net lease and annual rent increases. The Learning Grove Academy is a rapidly expanding operator in early education, with 120 locations and further acquisitions underway.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Marcus &amp; Millichap Inc. published the original content used to generate this news brief on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MMI","symbol_name":"Marcus & Millichap Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL2xmGxx:1","article_id":"2541895232","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541895232","pubTimestamp":1749245602,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Marcus & Millichap Inc., a leading commercial real estate brokerage firm, announced the sale of a net-leased childcare facility occupied by The Learning Grove Academy in Avon, Indiana. 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