3055 N Ankeny Blvd, Ankeny, IA 50021 For Sale

Corporate Guaranty (NYSE: KLC) from the #1 Corporate Operator in the Country

• KinderCare is the largest private provider of high-quality early childhood education in the US by center capacity with the ability to serve over 200,000 children across its more than 2,400 centers and sites.

• KinderCare currently operates in over 40 states across the United States.

• #1 largest childcare brand with $2.66 billion in 2024 reported annual revenue.

KinderCare Completed IPO in October 2024

• KinderCare completed its IPO in October 2024, raising approximately $616M in proceeds and receiving a credit rating upgrade as a result.

• FY 2024 revenues of $2.66B, a 5.9% increase over the previous year.

7+ Years Remaining with 2.00% Annual Rental Increases

• KinderCare has over 7 years remaining on an original 15-year lease that doesn’t expire until 2034.

• The lease includes 2.00% annual rent increases to hedge inflation and one, ten-year option and one, five-year option to renew.

• Aside from structure and foundation, the tenant is responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc. making this a prime opportunity for out-of state investors.

Over $169,000,000 Spent on Education and Daycare in a 5-Mile Radius

• A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.

• Participants in early childhood programs, including Tulsa’s universal pre-K program, are more likely to enroll in college and potentially experience higher earnings in adulthood.

Des Moines MSA (700,000+ People)

• Home to 707,000 people, the Des Moines metro is the largest in the state of Iowa, comprising Dallas, Guthrie, Madison, Polk and Warren counties.

• The market is approximately 195 miles northeast of Kansas City, 245 miles south of Minneapolis and 330 miles west of Chicago.

• The population is expanding far quicker than the national average with roughly 32,000 additional people expected over the next five years.