Skip to main content

Child Care

Kid City USA of Lake Norman | Charlotte MSA

19619 W Catawba Ave, Cornelius, NC 28031

Listing Price: $2,768,731

Cap Rate
7.25%
Tenant Name
Kid City USA of Lake Normsn
Years Remaining On Lease
11.0
Gross SF
9,754
Guarantor
Corporate Guarantee
Rentable SF
9,754
Price/Gross SF
$283.86
Lease Type
Absolute Net
Rent Per Square Feet
$21.73

Investment Overview

Marcus & Millichap is proud to present Kid City USA of Lake Norman. Located in Cornelius, NC, an affluent submarket of the Charlotte MSA. Kid City USA is a National Child Care Corporation with 200+ Locations spread across 13 States. This Lake Norman Location offers an attractive Triple Net Lease with 10+ Years remaining, 2% annual rental increases, and a corporate guarantee, making this ideal for new and seasoned investors

Investment Highlights

  • Charlotte MSA | Affluent Submarket | $163,556 AHHI - 5 Mile Radius
  • Kid City USA | National Tenant | 140+ Locations
  • 10+ Years of Term Remaining | Triple Net (NNN) | Corporate Guarantee
  • Kitchen Remodeled | Parking Lot & Driveway Resealed & Striped | Common Road Repaved

Exclusively Listed By

Financing By

Child Care

Kid City USA of Lake Norman | Charlotte MSA

Listing Price: $2,768,731

Cap Rate
7.25%
Tenant Name
Kid City USA of Lake Normsn
Years Remaining On Lease
11.0
Gross SF
9,754
Guarantor
Corporate Guarantee
Rentable SF
9,754
Price/Gross SF
$283.86
Lease Type
Absolute Net
Rent Per Square Feet
$21.73

Investment Highlights

  • Charlotte MSA | Affluent Submarket | $163,556 AHHI - 5 Mile Radius
  • Kid City USA | National Tenant | 140+ Locations
  • 10+ Years of Term Remaining | Triple Net (NNN) | Corporate Guarantee
  • Kitchen Remodeled | Parking Lot & Driveway Resealed & Striped | Common Road Repaved

Investment Overview

Marcus & Millichap is proud to present Kid City USA of Lake Norman. Located in Cornelius, NC, an affluent submarket of the Charlotte MSA. Kid City USA is a National Child Care Corporation with 200+ Locations spread across 13 States. This Lake Norman Location offers an attractive Triple Net Lease with 10+ Years remaining, 2% annual rental increases, and a corporate guarantee, making this ideal for new and seasoned investors

Exclusively Listed By

Financing By

MM Texture Background
MM Textured Background Lower