11134 S Noble Dr - Day Care Center FOR SALE


Olathe, KS 66061
$5,707,000 USD
973-632-1386
11134 S Noble Dr, Olathe, KS for Sale
$5,707,000 USD
Day Care Center - FOR SALE
1/10
null | 7% Cap Rate

11134 S Noble Dr
Olathe, KS 66061


HIGHLIGHTS

  • Brand New 15-Year Lease | Options To Extend | Scheduled Rental Increases | Corporate Guaranty | 2025 Construction
  • NNN Lease Structure | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Hard Corner Intersection | Proximity To I-35 (108,000 VPD)
  • Dense Retail Corridor
  • Proximity To Key Community Anchors
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS Real Estate Partners, LLC in collaboration with Goldman Investment Advisors, Inc. is pleased to offer the opportunity to acquire the fee simple interest in a NNN leased Children of America property in Olathe, Kansas. The tenant, Children of America Lawrenceville, LLC, recently executed a brand-new 15-year lease with two (2) additional 5-year renewal options, demonstrating long-term commitment to the site. The lease includes scheduled rental increases, 2% annually in years 6-10; 2.5% annually in years 11-15; and 3% annually during both renewal terms, providing steady NOI growth and inflation protection. Backed by a corporate guaranty from World Wide Child Care Corp., parent of Children of America Educational Care (an industry leader with over 60 locations). Newly constructed in 2025 the property features high-quality materials and modern finishes.

FOR SALE DETAILS

PRICE

$5,707,000 USD

PRICE/SF

$571 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Children of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.66 AC

LAND SF

72,161 SF

ZONING

BP

APN/PARCEL ID

DP72830000-0034

ASK ABOUT THIS PROPERTY

Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

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Kyle FantSRS Real Estate PartnersMore Info
973-632-1386

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.