Child Care

KinderCare

450 Chestnut Ridge Rd, Woodcliff Lake, NJ 07677

Listing Price: $5,089,000

Cap Rate
5.50%
Tenant Name
KinderCare
Years Remaining On Lease
9.10
Gross SF
10,965
Guarantor
Corporate Guarantee
Rentable SF
10,965
Price/Gross SF
$464.11
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.53

Investment Overview

Marcus & Millichap is pleased to present an extremely rare Bergen County NNN lease corporately guaranteed KinderCare located at 450 Chestnut Ridge Road, Woodcliff Lake, New Jersey.

Investment Highlights

  • Just Under 10 Years Remaining on 20 Year Base Term - 8% Rent Increases Every Five Years
  • Located Directly Across from Tice's Corner Shopping Center
  • Located Within Close Proximity to the Garden State Parkway and Route 17

Exclusively Listed By

Listing Price: $5,089,000

Cap Rate
5.50%
Tenant Name
KinderCare
Years Remaining On Lease
9.10
Gross SF
10,965
Guarantor
Corporate Guarantee
Rentable SF
10,965
Price/Gross SF
$464.11
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$25.53

Investment Highlights

  • Just Under 10 Years Remaining on 20 Year Base Term - 8% Rent Increases Every Five Years
  • Located Directly Across from Tice's Corner Shopping Center
  • Located Within Close Proximity to the Garden State Parkway and Route 17

Investment Overview

Marcus & Millichap is pleased to present an extremely rare Bergen County NNN lease corporately guaranteed KinderCare located at 450 Chestnut Ridge Road, Woodcliff Lake, New Jersey.

Exclusively Listed By

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