3970 Walden Ave - Schools FOR SALE


Lancaster, NY 14086
$3,809,810 USD
925-348-1844
3970 Walden Ave, Lancaster, NY for Sale
$3,809,810 USD
Schools - FOR SALE
1/3
null | 6.85% Cap Rate

3970 Walden Ave
Lancaster, NY 14086


HIGHLIGHTS

  • Long Term Absolute NNN Lease
  • 1.5% Annual Rent Increases
  • Zero Landlord Obligations
  • Corporate Guarantee (NYSE: KLC)
  • Four 5-Year Renewal Options
  • 18,847 SF | 2.45 Acres | Built 2019

OVERVIEW

This is an opportunity to acquire a well-established KinderCare Learning Centers location in Lancaster, New York, secured by a long-term Absolute NNN Lease. The property features an 18,847 SF, 2019-built childcare facility situated on a 2.45-acre site and is leased through May 31, 2039, providing investors with approximately 13 years of remaining lease term. The lease includes 1.5% annual rent increases, four additional five-year renewal options, and is backed by a corporate guarantee from NYSE-listed KinderCare (KLC). The offering features an Absolute NNN Lease structure with zero landlord obligations, providing investors with a stable and passive income stream. The combination of a mission-critical childcare facility, long-term lease commitment, contractual rent growth, and strong corporate backing provides an attractive opportunity for investors seeking durable, low-management real estate income.

FOR SALE DETAILS

PRICE

$3,809,810 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare Absolute NNN Lease

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

NB

APN/PARCEL ID

145289-094-170-0001-049-000

ASK ABOUT THIS PROPERTY

Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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Kase AbusharkhThe Kase GroupMore Info
925-348-1844

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