Listed by Fisher James Capital, ParaSell Inc
$2,546,000
KinderCare
Details
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 3,893
Cap Rate 6.5%
NOI $165,466
Occupancy 100%
Tenancy Single
Brand/Tenant KinderCare Learning Center
Lease Type NNN
Lease Term 15
Rent Bumps Yes
Lease Options Three (3) five-year options
Year Built 1971
Acreage 0.460
Parking Spaces 13 spaces
Parking Per SqFt 3.34
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 03/23/2026
Ground Lease No
15-Year NNN Lease to KinderCare | Corporate Guaranty | Annual Rent Increases
Marketing description
- New 15-Year NNN Lease to KinderCare with a Corporate Guaranty
- 2% Annual Rental Escalations Throughout Primary Term & Options
- Below Market Rent Positions Tenant for Continued Long-Term Success
- Established Tenant with Proven Operating History and Commitment to the Site
- Tenant Investing in Improvements, including New Roof, Upgraded Doors and Exterior Finishes, and Enhanced Safety Features
- Easily Accessible Suburban Location with Dense Population Base Just 9 Miles from Downtown Tucson
- 6 Miles from Davis-Monthan Air Force Base & 9 Miles to University of Arizona
- Emerging Tech & Innovation Hub - 100+ Tech Giants & Startups at Tech Parks Arizona
Investment highlights
15-year NNN lease to KinderCare located in Tucson, Arizona with annual rent increases. The property is backed by a corporate guaranty and benefits from a long-standing operating history at the site, strong surrounding demographics, and a strategic location along a major commercial corridor.
In Association with Scott Reid & ParaSell, Inc. | A Licensed Arizona Broker #CO709902000
Inquiries by residents and properties owners of the State are to be made to Scott Reid.
Listing Contacts
Listed by Fisher James Capital, ParaSell Inc
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$165,466.00
$13,788.83/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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