4640 Knutsen Dr - Day Care Center FOR SALE
Farmington, MN 55024 |
$7,650,000 USD
818-540-8200
4640 Knutsen Dr
Farmington, MN 55024
HIGHLIGHTS
- KinderCare: largest for-profit childcare provider with 2,600+ locations nationwide
- Publicly traded on NYSE: KLC; raised $576M in October 2024 IPO
- 18-year Absolute NNN lease with no day-to-day landlord responsibilities
- Full-term corporate guaranty backed by KinderCare Learning Companies, Inc.
- Average household income exceeding $145,000 within a five-mile radius
- Located in Minneapolis–St. Paul MSA with 3.79+ million residents
FOR SALE DETAILS
PRICE
$7,650,000 USD
PRICE/SF
$1,173 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2026
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.37 AC
LAND SF
59,677 SF
ZONING
-
APN/PARCEL ID
14-82600-03-020
ASK ABOUT THIS PROPERTY
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818-540-8200
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818-540-8200
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