Child Care

KinderCare

99 Leesville Rd, East Haddam, CT 06469

Listing Price: $850,225

Cap Rate
8.00%
Tenant Name
KInderCare
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
5,481
Lease Type
Double Net
Rent Per Square Feet
$12.41

Investment Overview

Centralized Location l Just (30) minutes away from Downtown Hartford, CT (121K Population) • Frontage along CT Route 151 l KinderCare sits along Leesville Road which sees Average Traffic Counts of approximately 3,700 Vehicles Per Day • Upper Middle-Class Demographics l Average Household Income is $120K in a (5)-mile radius & 80K Residents within a (10)-mile radius • Major Economic Drivers l Subject Site is located just over thirteen miles from Wesleyan University, a highly ranked private university with enrollments of approximately 3,000 students

Investment Highlights

  • KinderCare Learning Centers, LLC Lease with over (4) Years of Lease Term & additional Apartment Unit under a (12)-Month Lease Agreement
  • Double Net (NN) Lease with Minimal Landlord Responsibilities
  • Strong Roots in Submarket having Operated at this Site for over (30) Years

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    License(s): CT: REB.0791913

    Connecticut

Listing Price: $850,225

Cap Rate
8.00%
Tenant Name
KInderCare
Years Remaining On Lease
4.1
Guarantor
Corporate Guarantee
Rentable SF
5,481
Lease Type
Double Net
Rent Per Square Feet
$12.41

Investment Highlights

  • KinderCare Learning Centers, LLC Lease with over (4) Years of Lease Term & additional Apartment Unit under a (12)-Month Lease Agreement
  • Double Net (NN) Lease with Minimal Landlord Responsibilities
  • Strong Roots in Submarket having Operated at this Site for over (30) Years

Investment Overview

Centralized Location l Just (30) minutes away from Downtown Hartford, CT (121K Population) • Frontage along CT Route 151 l KinderCare sits along Leesville Road which sees Average Traffic Counts of approximately 3,700 Vehicles Per Day • Upper Middle-Class Demographics l Average Household Income is $120K in a (5)-mile radius & 80K Residents within a (10)-mile radius • Major Economic Drivers l Subject Site is located just over thirteen miles from Wesleyan University, a highly ranked private university with enrollments of approximately 3,000 students

Exclusively Listed By

Broker of Record

  • John Krueger

    Vice President / Regional Manager

    License(s): CT: REB.0791913

    Connecticut

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