The Boulder Group is pleased to exclusively market for
sale a single tenant net leased corporately guaranteed KinderCare property located
within the Green Bay MSA. This is a proven KinderCare location as evidenced by
their long and successful operating history and their recent lease extension.
In July 2014, KinderCare executed a new ten year lease. The ten year lease
expires July 31, 2024 and features a 5% rental escalation in the primary term.
KinderCare is the largest for-profit child care provider in the country and
operates over 1,600 locations.
The 2.84 acre KinderCare property is situated between
Arcadian Lane and Heritage Road. Heritage Road is a main thoroughfare in the
area. The property benefits from its location that is surrounded by single
family homes. Additionally, the KinderCare property benefits from its proximity
to several elementary schools including Altmayer Elementary, Dickinson
Elementary, and Heritage Elementary. All three schools have enrollment in
excess of 520 students and are located less than two miles from the property.
There are approximately 70,000 people living within a five mile radius of the
property earning average household incomes in excess of $71,000.
http://www.bouldergroup.com/NNN-Properties-For-Sale.html
