$6,161,000 USD
415-308-4987
6631 S University Blvd
Centennial, CO 80121
West Centennial
HIGHLIGHTS
- Brand-new 15-year absolute net corporate net lease
- 2% annual rental increases throughout the base term and options
- Three, 5-year options to extend the lease at the expiration of the base term
- Lease is guaranteed by KinderCare Learning Companies, Inc. (S&P: KLC), a publicly traded corporate school operator with significant financial backing
- KinderCare completed its IPO in October 2024, raising approximately $616M in proceeds and receiving a credit rating upgrade as a result (per Moody’s)
- Extremely affluent demographics – $170,000 average household incomes within a 3-mile radius of the subject property
FOR SALE DETAILS
PRICE
$6,161,000 USD
PRICE/SF
$570 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
2
YEAR BUILT
1975
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.86 AC
LAND SF
81,022 SF
ZONING
-
APN/PARCEL ID
2077-24-3-17-004
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
415-308-4987
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
415-308-4987
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
