101 Ringgold Rd - Day Care Center FOR SALE
Clarksville, TN 37042 |
$3,960,000 USD
650-678-7200
101 Ringgold Rd
Clarksville, TN 37042
HIGHLIGHTS
- Brand-new 15-year corporate net lease with 2% annual rental increases
- Subject property underwent significant renovations in 2024 which included new roof, HVAC, and interior remodel
- Lease is guaranteed by Higher KinderCare Learning Companies, Inc. (NYSE: KLC), a publicly traded corporate school operator with significant financial
- FY 2024 revenues of $2.66B, a 5.9% increase over the previous year
- Robust military base town with a significant amount of families lacking childcare options
- Very Strong Enrollments (Speak With Agent)
FOR SALE DETAILS
PRICE
$3,960,000 USD
PRICE/SF
$396 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
27
LAND DETAILS
LAND ACRES
0.84 AC
LAND SF
36,590 SF
ZONING
C-3
APN/PARCEL ID
030G-M-001.00
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
650-678-7200
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
