1155 SE Kettlestone Blvd - Day Care Center FOR SALE


Waukee, IA 50263
$5,732,109 USD
515-415-6115
1155 SE Kettlestone Blvd, Waukee, IA for Sale
$5,732,109 USD
Day Care Center - FOR SALE
1/4
null | 6% Cap Rate

1155 SE Kettlestone Blvd
Waukee, IA 50263


HIGHLIGHTS

  • Rapid Growth Demographic in the Trade Area
  • Investment-Grade Tenancy

OVERVIEW

CBRE is pleased to exclusively offer for sale a single-tenant early education property operating as KinderCare in Waukee, Iowa. This property features a brand new corporate NNN lease expiring September 1, 2036, with minimal landlord responsibilities (specifically roof, structure, and foundations). The lease includes 2% annual rental increases and a full corporate guaranty from KinderCare Learning Centers, LLC.

FOR SALE DETAILS

PRICE

$5,732,109 USD

PRICE/SF

$478 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

A

APN/PARCEL ID

16-09-202-003

ASK ABOUT THIS PROPERTY

Riley HoganCBREMore Info
515-415-6115

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

Riley HoganCBREMore Info
515-415-6115

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