8040 Grandiose Hts - Day Care Center FOR SALE


Colorado Springs, CO 80927
$9,786,000 USD
720-528-6308
8040 Grandiose Hts, Colorado Springs, CO for Sale
$9,786,000 USD
Day Care Center - FOR SALE
1/3
null | 7% Cap Rate

8040 Grandiose Hts
Colorado Springs, CO 80927


HIGHLIGHTS

  • Absolute Net Lease Structure - Brand new 15 year NNN Lease with three 5-year options to renew and 12% contractual rent increases
  • Investment-Grade Tenancy - KinderCare (NYSE:KLC) with Parent Company (KUEHG Corp), investment grade rating of BB+
  • Irreplaceable Real Estate Fundamentals - High exposure retail location and brand new 2025 construction

OVERVIEW

CBRE National Retail Partners - Mountain is pleased to exclusively offer a single tenant, new construction KinderCare located in Colorado Springs, Colorado. The offering is inclusive of an absolute triple-net lease with a brand new 15 year lease with three (3) 5-year renewal options. The lease is corporately secured by KUEHG Corp., the parent company of KinderCare Learning Centers, Inc. The Offering features a brand new 11,992 square foot freestanding facility built exclusively for KinderCare in 2025. Positioned along East Woodmen Road, the main east/west artery in the northern Colorado Springs trade area, KinderCare is surrounded by rapidly growing, high density residential neighborhoods. Ideally positioned in a high barrier to entry location at the hard corner signalized intersection at East Woodmen Road and North Marksheffel Road, KinderCare benefits from premier visibility and traffic volumes of over 38,000 vehicles per day. KinderCare Learning Companies, Inc. (KinderCare) is America’s largest provider of early education and child care. Founded in 1969 in Montgomery, Alabama, KinderCare has grown to over 2,300 early learning centers and programs – providing care and education to over 200,000 children nationwide. KinderCare is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

FOR SALE DETAILS

PRICE

$9,786,000 USD

PRICE/SF

$816 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare at Tallgrass at the Ranch

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.71 AC

LAND SF

30,861 SF

ZONING

-

APN/PARCEL ID

53092-01-043

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

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