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Child Care

KinderCare

13000 W Beloit Rd, New Berlin, WI 53151

Listing Price: $1,160,000

Cap Rate
7.70%
Tenant Name
KinderCare
Years Remaining On Lease
6.2
Gross SF
6,546
Guarantor
Corporate Guarantee
Rentable SF
6,546
Price/Gross SF
$177.21
Lease Type
Double Net
Rent Per Square Feet
$13.64

Investment Overview

Average Household Income Of $98,084 Within Three Miles

Investment Highlights

  • ABSOLUTE -NET LEASE (NO LANDLORD RESPONSIBILITIES)
  • CORPORATE GUARANTEE -1,300+ FACILITIES (PROVIDES ANNUAL REPORTS)
  • ANNUAL RENT INCREASES OF 1.50% (EXCEPT LAST TWO YEARS)
  • JUST EXTENDED TWO YEARS ON EXISTING TERM AND REFORMATTED LEASE TO ABSOLUTE NNN
  • BUILDING IMPROVEMENTS MADE IN 2014
  • TENANT TO SETTLE UP THREE MONTHS RENT DURING EXISTING LEASE TERM

Exclusively Listed By

Listing Price: $1,160,000

Cap Rate
7.70%
Tenant Name
KinderCare
Years Remaining On Lease
6.2
Gross SF
6,546
Guarantor
Corporate Guarantee
Rentable SF
6,546
Price/Gross SF
$177.21
Lease Type
Double Net
Rent Per Square Feet
$13.64

Investment Highlights

  • ABSOLUTE -NET LEASE (NO LANDLORD RESPONSIBILITIES)
  • CORPORATE GUARANTEE -1,300+ FACILITIES (PROVIDES ANNUAL REPORTS)
  • ANNUAL RENT INCREASES OF 1.50% (EXCEPT LAST TWO YEARS)
  • JUST EXTENDED TWO YEARS ON EXISTING TERM AND REFORMATTED LEASE TO ABSOLUTE NNN
  • BUILDING IMPROVEMENTS MADE IN 2014
  • TENANT TO SETTLE UP THREE MONTHS RENT DURING EXISTING LEASE TERM

Investment Overview

Average Household Income Of $98,084 Within Three Miles

Exclusively Listed By

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