Child Care
KinderCare | New 10-Year Lease Extension | Absolute Net Lease | $135,000+ AHHI in a 5-Mile Radius
8453 E Point Douglas Rd S, Cottage Grove, MN 55016
Listing Price: $1,257,000
Cap Rate
6.50%
Tenant Name
KinderCare Learning Centers, LLC
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
6,200
Lease Type
Absolute Net
Rent Per Square Feet
$13.18
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Cottage Grove, MN (Minneapolis MSA).
KinderCare | New 10-Year Lease Extension | Absolute Net Lease | $135,000+ AHHI in a 5-Mile Radius
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- 10+ Years Remaining at a Proven 35-Year Location with Below Market Rents
- Prime Position Within Cottage Grove's Dominant Retail Corridor
- Minneapolis - St.Paul, MN MSA - One of the Largest and Most Stable Metropolitan Economies in the Midwest in the Midwest
Child Care
KinderCare | New 10-Year Lease Extension | Absolute Net Lease | $135,000+ AHHI in a 5-Mile Radius
Listing Price: $1,257,000
Cap Rate
6.50%
Tenant Name
KinderCare Learning Centers, LLC
Years Remaining On Lease
10.0
Guarantor
Corporate Guarantee
Rentable SF
6,200
Lease Type
Absolute Net
Rent Per Square Feet
$13.18
Investment Highlights
- Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country
- 10+ Years Remaining at a Proven 35-Year Location with Below Market Rents
- Prime Position Within Cottage Grove's Dominant Retail Corridor
- Minneapolis - St.Paul, MN MSA - One of the Largest and Most Stable Metropolitan Economies in the Midwest in the Midwest
Investment Overview
Marcus & Millichap is pleased to present a KinderCare located in Cottage Grove, MN (Minneapolis MSA).
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