Child Care
KinderCare | Absolute Net Lease – Zero Landlord Responsibilities | Extremely Low Rent/SF - $20.31
2630 Pitcairn Rd, Monroeville, PA 15146
Listing Price: $2,786,000
Cap Rate
7.00%
Tenant Name
KinderCare
Years Remaining On Lease
6.8
Guarantor
Corporate Guarantee
Rentable SF
2,004
Lease Type
Absolute Net
Rent Per Square Feet
$97.31
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Monroeville, PA (Pittsburgh MSA).
KinderCare | Absolute Net Lease – Zero Landlord Responsibilities | Extremely Low Rent/SF - $20.31
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- KinderCare Completed IPO in October 2024
- 22-Year Operating History at this Location
- Pittsburgh MSA - Second Largest Metropolitan Area in the State of Pennsylvania
- Demand For Child Care Remains Extremely Strong
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
Child Care
KinderCare | Absolute Net Lease – Zero Landlord Responsibilities | Extremely Low Rent/SF - $20.31
Listing Price: $2,786,000
Cap Rate
7.00%
Tenant Name
KinderCare
Years Remaining On Lease
6.8
Guarantor
Corporate Guarantee
Rentable SF
2,004
Lease Type
Absolute Net
Rent Per Square Feet
$97.31
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- KinderCare Completed IPO in October 2024
- 22-Year Operating History at this Location
- Pittsburgh MSA - Second Largest Metropolitan Area in the State of Pennsylvania
- Demand For Child Care Remains Extremely Strong
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Monroeville, PA (Pittsburgh MSA).
Broker of Record
-
Timothy B. Stephenson Jr.
Managing Director, Market Leader - Philadelphia
Financing By
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