Listed by Sands Investment Group, Sands Investment Group Charleston
$6,874,023
KinderCare - Marietta, GA
Details
Property Type Retail, Special Purpose
Sub Type Day Care/Nursery, School
Square Footage 15,965
Cap Rate 8%
NOI $549,921
Occupancy 100%
Tenancy Single
Brand/Tenant KinderCare
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 04/30/2029
Remaining Term 2.8
Rent Bumps Yes
Lease Options 3 x 5 Year Options
Price per SqFt $431
Year Built 1994
Acreage 2.070
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 05/01/2004
Ground Lease No
KinderCare | Abs. NNN | 8.00% CAP | Marietta, GA | Low Term Remaining
Marketing description
Sands Investment Group is pleased to exclusively offer for sale the 15,965 SF KinderCare located at 726 Woodlawn Drive NE in Marietta, GA. The property is 100% leased to KinderCare on an Absolute Triple Net (NNN) Lease with approximately 3 years remaining, 3 x 5-year renewal options, and CPI-based rent escalations annually, offering a stable and passive investment opportunity. The site was built to suit the brand and has been actively operating since its development in 1994.
Investment highlights
- Corporate-Backed Operator: Crème de la Crème is a premium early education operator with 45+ locations nationally. The company was acquired by KinderCare in 2022, which corporately backs the lease. KinderCare is the largest for-profit childcare company in North America, operating over 2,700+ locations, providing strong credit support and long-term stability for the investment.
- Long-Term Absolute Triple Net (NNN) Lease Structure: The asset is 100% leased to KinderCare on an Absolute Triple Net (NNN) Lease with ~3 years of term remaining, featuring 3, 5-year renewal options and annual CPI rental escalations.
- Irreplaceable 2.07-Acre Site in East Cobb: Situated on approximately 2.07 acres, the property offers a large land footprint that would be difficult to replicate under today’s zoning, entitlement, and childcare licensing requirements. The site provides ample parking, outdoor play areas, and future functional utility.
- Prime East Cobb Location: Located in the heart of East Cobb and surrounded by numerous top-performing elementary schools within approximately a 5-mile radius. Positioned just off Lower Roswell Road and near the Johnson Ferry Road corridor, the property offers convenient access to East Cobb, Roswell, Sandy Springs, and surrounding affluent suburban neighborhoods.
- Strong Residential Base With Continuous Growth: Within a 5-mile radius, the population exceeds ~210,572 residents, and average household income exceeds $176,996 within a 1-mile radius.
- Strong Residential Fundamentals: The immediate market is characterized by high home values, with median home values exceeding $747,123 within a 1-mile radius of the property, indicative of a desirable, high-income residential community that supports premium educational services.
Listing Contacts
Listed by Sands Investment Group, Sands Investment Group Charleston
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$549,921.00
$45,826.75/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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