Child Care
KinderCare | Corporate Guaranty (NYSE: KLC) | 2.50% Annual Increases | Low Rent at $17.17/SF
1404 Boone Aire Rd, Florence, KY 41042
Listing Price: $1,301,000
Cap Rate
7.25%
Tenant Name
REE Midwest, Inc.
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
5,492
Lease Type
Absolute Net
Rent Per Square Feet
$17.17
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Florence, KY (Cincinnati MSA).
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- KinderCare Completed IPO in October 2024
- 7 + Years Remaining with 2.50 Percent Annual Rental Increases
- Over $83,000,000 Spent on Education and Daycare in a Five-Mile Radius
- Cincinnati MSA (2,200,000 + People)
Exclusively Listed By
Broker of Record
Financing By
Child Care
KinderCare | Corporate Guaranty (NYSE: KLC) | 2.50% Annual Increases | Low Rent at $17.17/SF
Listing Price: $1,301,000
Cap Rate
7.25%
Tenant Name
REE Midwest, Inc.
Years Remaining On Lease
7.9
Guarantor
Corporate Guarantee
Rentable SF
5,492
Lease Type
Absolute Net
Rent Per Square Feet
$17.17
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- KinderCare Completed IPO in October 2024
- 7 + Years Remaining with 2.50 Percent Annual Rental Increases
- Over $83,000,000 Spent on Education and Daycare in a Five-Mile Radius
- Cincinnati MSA (2,200,000 + People)
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Florence, KY (Cincinnati MSA).
Exclusively Listed By
Broker of Record
Financing By