

Listed by Marcus & Millichap - Chicago Oak Brook
$9,264,269
KinderCare (Creme de la Creme) - Duluth, GA (Atlanta MSA)
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 21,538
Cap Rate 8%
NOI $741,141
Occupancy 100%
Tenancy Single
Brand/Tenant KinderCare Learning Center
Lease Type Absolute NNN
Lease Term 17.8
Lease Expiration 09/30/2032
Remaining Term 6.3
Rent Bumps Yes
Lease Options Five, Five-Year
Broker Co-Op True
Year Built 2007
Acreage 2.600
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 12/19/2014
Ground Lease No
Ownership Fee Simple
Corporate Guaranty (NYSE: KLC) | CPI Increases Every 5 Years | 240,000+ People in 5-Miles
Investment highlights
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.
6+ Years Remaining with CPI Increases Every 5 Years
- The KinderCare. corporately guaranteed lease, has over 6 years remaining.
- The lease features CPI rental increases every 5 years, capped at 10.00% and continuing into the option periods, growing NOI and hedging against inflation.
- The lease features zero landlord responsibilities, allowing for a passive investment for a new landlord.
Over $164,000,000 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.
Atlanta MSA – 240,000+ People in 5-Miles
- Atlanta’s economy is highly diversified, with the metro’s top employers representing a wide variety of sectors.
- With few natural barriers to limit development, tremendous population growth over the past decade expanded the metro’s borders, and the region now has a population of roughly 6.0 million people. Over the next five years the region is expected to add approximately 316,000 residents.
- The urban core has been the epicenter of several major construction projects in recent years, with Centennial Yards headlining urban renewal in downtown Atlanta.
Listing Contacts


Listed by Marcus & Millichap - Chicago Oak Brook
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$741,141.00
$61,761.75/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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