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33922144
33922145

2186 Fairview Ave N., Roseville, MN 55113

AN
CA CA 02237333, FL FL BK3532240 (+1)
Maverick Investments
Listed by Maverick Investments
$950,000
0 days on market
Updated 0 days ago

Corp KinderCare | Affluent Are | Low $0.81 SF Rent

Details
APN 09-29-23-43-0006
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 4,950
Net Rentable (SqFt) 4,950
Cap Rate 5.04%
NOI $47,916
Occupancy 100%
Tenancy Single
Brand/Tenant KinderCare
Lease Type Absolute NNN
Lease Expiration 07/31/2031
Remaining Term 5.1
Rent Bumps Yes
Lease Options Two 5-Year
Price per SqFt $192
Class C
Year Built 1977
Buildings 1
Stories 1
Acreage 0.770
Zoning Day Care Commercial
Parking Spaces 2.30 per 1,000 sq ft
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/31/2015
Ground Lease No
Ownership Trust
Sale Condition 1031 exchange

Corp Lease | Zero Landlord Duties | Ultra Low Rent | Below Cost to Build

Marketing description

Roseville, Minnesota is an established, affluent suburb positioned midway between Minneapolis and Saint Paul — one of the Twin Cities' premier infill locations for daily-needs retail and service tenants. The community commands high household incomes, an exceptionally educated population, and sustained demand for quality childcare and early education services.

With 64% of adults within 2 miles holding a college degree — approximately 1.5× the national rate — and average household incomes exceeding $115,000, the area's demographic profile directly supports durable enrollment demand. Dual-income professional households are drawn by a deep employment base anchored by healthcare, technology, and professional services employers throughout the broader Twin Cities MSA.

KinderCare's Fairview Avenue site sits within Roseville's primary retail corridor, benefiting from excellent visibility, strong accessibility, and proximity to the Rosedale Center trade area — one of the Twin Cities' leading regional retail destinations. The location's infill positioning, surrounded by established daily-needs and lifestyle co-tenants, reinforces long-term site relevance and tenant retention.

Investment highlights

  • Corporate-Guaranteed — KinderCare (NYSE: KLC), Largest U.S. Early-Ed Provider
  • Recession-Resistant, Essential-Needs Tenant
  • 10+ Years Operating | Two 5-Yr Options at Greater of Market Rent or 10%
  • $114,329 Avg HH Income | 64% College Degrees (2 Mile Radius)
  • Access: Signalized Corner with 26,349 Cars/Day
  • Dense Infill, Affluent Minneapolis/St. Paul
  • Guaranteed by KinderCare (NYSE: KLC), the largest U.S. operator
  • ~$2.7B in 2024 revenue; SEC-audited financials back the guarantee
  • Below-market rent (~$0.81/SF/Mo) rent upside and limits rollover risk
  • Offered below building replacement cost not including land cost
  • Absolute NNN — truly passive, with ZERO landlord responsibilities
  • Access via Signalized Corner with 26,349 Cars/Day
  • Purpose-built childcare center is costly to relocate, supporting renewals

Listing Contacts

AN
CA CA 02237333, FL FL BK3532240 (+1)
Maverick Investments
Listed by Maverick Investments

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$47,916.00
$3,993.00/mo

Valuation Metrics

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DSCR
5.04%
Cap Rate
5.04%
ROI

Map

Zoning

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MU-3 MixedMixed UseCorridor Mixed Use
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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