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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

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

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

  • Grant Fitzgerald

    Managing Director Investments

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

Financing By

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