100 Rondo, Irvine, CA 92618

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN, corporate guaranteed, new construction Crème de la Crème investment opportunity in Irvine, California (Orange County). The tenant, KinderCare Learning Centers, LLC, recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 12.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, providing a strong hedge against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. KinderCare Learning Centers is the largest preschool operator in the United States with over 2,300 locations nationwide. Located within the Great Park community development, the asset is the only preschool-entitled parcel within the entire Great Park master-planned community, making it a required component of the master developer’s entitlement program and a critical amenity supporting the continued sale of residential lots. The property also features on-site EV charging stations and rooftop solar panels, consistent with the high-quality standards associated with Crème de la Crème schools. The site is anticipated to open in Summer 2026.