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| Price $1,891,200 | Built/Renov 1990 | Tenant KinderCare |
| Cap Rate 6.50% | Lease Type
NN+ | Guarantor Corp Traded |
| Size/SF
4,728
| Lease Start
12-15-2023
| #Units
2,300
|
| Price/SF $400.00 | Expiration
12-31-2038
| Tenant Type Daycare/Education |
| NOI $122,928 | R. Term 14.3 | Ownership Fee Simple |
| Rent/SF
$26.00
| Increases 2.5%/1/yrs | Pop 5Mi 158,453 |
| Lot/AC 0.00 | Options 4/5yrs/2.5% | AHHI 5Mi $105,540 |
| | |
KinderCare is strategically located at the hard corner intersection of South Grant Avenue and W Laurel Street, with access to a combined daily traffic count of 13,775 vehicles. The property is close to well-known national tenants such as Domino's, Starbucks, Dairy Queen, The Home Depot, Chipotle, and more. Nearby housing complexes include Campus Park Apartments, Park Lane Towers, Flats at the...
...Build to suit
In location for years
Near major nationals
Strategically located
Strong demographics
Long 10+ yr lease
Favorable NN+ lease
Annual rent increases
Corporate Guarantee
Publicly traded company
KinderCare Learning Centers is an American operator of for-profit child care and early childhood education facilities providing educational programs for children from six weeks to 12 years old....
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
