Skip to main content

Child Care

KinderCare | 10+ Yrs Remaining on NNN Lease

8750 Zionsville Rd, Indianapolis, IN 46268

Listing Price: $6,280,000

Cap Rate
7.00%
Tenant Name
KinderCare Education, LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
18,205
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.15

Investment Overview

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day. KinderCare Learning Companies is one of the largest providers of early childhood education in the nation with more than 2,400 centers and sites across the country.

Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with 2 million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country

Investment Highlights

  • 10-Plus Years Remaining on Triple Net (NNN) Lease with Annual Rental Increases and Multiple Renewal Options
  • KinderCare Education is the Largest Provider of Early Education in the Nation with ±1,500 Centers
  • Dense Trade Area in the Indianapolis MSA - 125,00+ Residents within a Five-Mile Radius
  • Affluent Trade Area - Average Household Income Exceeds $120,000 in the Surrounding Area
  • Within Five Miles of College Park, Ascension St. Vincent Hospital (800 Beds), Costco, Walmart Supercenter, and More
  • Immediate Proximity to Major Retailers and Industrial Center - Major Employment Center
  • Surrounded by National Tenants Dick's Sporting Goods, Michaels, Chili's, and More
  • Immediate access to I-465 (Over 89,000 Cars Per Day)

Exclusively Listed By

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s) IN: RB14040143

    Indiana

Financing By

Child Care

KinderCare | 10+ Yrs Remaining on NNN Lease

Listing Price: $6,280,000

Cap Rate
7.00%
Tenant Name
KinderCare Education, LLC
Years Remaining On Lease
10.8
Guarantor
Corporate Guarantee
Rentable SF
18,205
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$24.15

Investment Highlights

  • 10-Plus Years Remaining on Triple Net (NNN) Lease with Annual Rental Increases and Multiple Renewal Options
  • KinderCare Education is the Largest Provider of Early Education in the Nation with ±1,500 Centers
  • Dense Trade Area in the Indianapolis MSA - 125,00+ Residents within a Five-Mile Radius
  • Affluent Trade Area - Average Household Income Exceeds $120,000 in the Surrounding Area
  • Within Five Miles of College Park, Ascension St. Vincent Hospital (800 Beds), Costco, Walmart Supercenter, and More
  • Immediate Proximity to Major Retailers and Industrial Center - Major Employment Center
  • Surrounded by National Tenants Dick's Sporting Goods, Michaels, Chili's, and More
  • Immediate access to I-465 (Over 89,000 Cars Per Day)

Investment Overview

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day. KinderCare Learning Companies is one of the largest providers of early childhood education in the nation with more than 2,400 centers and sites across the country. Indianapolis is the 12th largest city in the U.S., and home to 810,000 residents in the city proper, with 2 million residents in the greater metropolitan area. Nicknamed the “Circle City,” and “Crossroads of America,” Indianapolis has more interstate highways bisecting the city and state than any other in the country

Exclusively Listed By

Broker of Record

  • Julia Evinger

    Managing Director Investments

    (317) 218-5300

    License(s): IN: RB14040143

    Indiana

Financing By

MM Texture Background
MM Textured Background Lower