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Kindercare 14449 W 63rd Pl 10,934 SF Retail Building Arvada, CO 80004 $4,500,000 ($411.56/SF) 5.87% Cap Rate
INVESTMENT HIGHLIGHTS
- ONE OF THE MOST DESIRED NNN BUSINESSES
- Triple Net Long Term Lease. Tenant pays for everything. Rent increases every 5 years.
- Corporate Guarantor KinderCare Learning Centers, LLC established and American owned since 1969.
EXECUTIVE SUMMARY
ONE OF THE MOST DESIRED NNN BUSINESSES.
Corporate Guarantor KinderCare Learning Centers, LLC established and American owned since 1969.
KinderCare Tenant for since 2003. Remaining lease term until 2045 with rent increases every 5 years.
Triple Net Long Term Lease. Tenant pays for everything.
KinderCare has been at this location for over 22 years. Earlier this year KinderCare signed their 3rd 5-year extension with 3 additional 5-year extensions remaining.
Recent appraisal at $4.6 million prior to last rent increase.
KinderCare is the largest private provider of early childhood education and child care in the United States. They operate over 1,500 centers across 40 states. KinderCare serves children from infancy through school age, offering a variety of programs and a focus on quality early childhood education.
For additional information email your request to calcofin@calcofinancial.com.
Corporate Guarantor KinderCare Learning Centers, LLC established and American owned since 1969.
KinderCare Tenant for since 2003. Remaining lease term until 2045 with rent increases every 5 years.
Triple Net Long Term Lease. Tenant pays for everything.
KinderCare has been at this location for over 22 years. Earlier this year KinderCare signed their 3rd 5-year extension with 3 additional 5-year extensions remaining.
Recent appraisal at $4.6 million prior to last rent increase.
KinderCare is the largest private provider of early childhood education and child care in the United States. They operate over 1,500 centers across 40 states. KinderCare serves children from infancy through school age, offering a variety of programs and a focus on quality early childhood education.
For additional information email your request to calcofin@calcofinancial.com.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,934 SF
Building Class
B
Year Built/Renovated
1999/2020
Price
$4,500,000
Price Per SF
$411.56
Cap Rate
5.87%
NOI
$263,995
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.44 AC
Zoning
PUD-R, Arvada
Parking
33 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Fenced Lot
- Pylon Sign
- Security System
- Signalized Intersection
- Drive Thru
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 39-072-01-017 | Improvements Assessment | $158,601 |
| Land Assessment | $411,525 | Total Assessment | $570,126 |
PROPERTY TAXES
Parcel Number
39-072-01-017
Land Assessment
$411,525
Improvements Assessment
$158,601
Total Assessment
$570,126
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Calco Real Estate
Kindercare | 14449 W 63rd Pl
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