Log In/Sign Up
Your email has been sent.
3970 Walden Ave - KinderCare Absolute NNN Lease 18,094 SF Specialty Building Offered at $3,809,810 at a 6.85% Cap Rate in Lancaster, NY 14086
Investment Highlights
- Long Term Absolute NNN Lease
- Zero Landlord Obligations
- Four 5-Year Renewal Options
- 1.5% Annual Rent Increases
- Corporate Guarantee (NYSE: KLC)
- 18,847 SF | 2.45 Acres | Built 2019
Executive Summary
This is an opportunity to acquire a well-established KinderCare Learning Centers location in Lancaster, New York, secured by a long-term Absolute NNN Lease. The property features an 18,847 SF, 2019-built childcare facility situated on a 2.45-acre site and is leased through May 31, 2039, providing investors with approximately 13 years of remaining lease term. The lease includes 1.5% annual rent increases, four additional five-year renewal options, and is backed by a corporate guarantee from NYSE-listed KinderCare (KLC).
The offering features an Absolute NNN Lease structure with zero landlord obligations, providing investors with a stable and passive income stream. The combination of a mission-critical childcare facility, long-term lease commitment, contractual rent growth, and strong corporate backing provides an attractive opportunity for investors seeking durable, low-management real estate income.
The offering features an Absolute NNN Lease structure with zero landlord obligations, providing investors with a stable and passive income stream. The combination of a mission-critical childcare facility, long-term lease commitment, contractual rent growth, and strong corporate backing provides an attractive opportunity for investors seeking durable, low-management real estate income.
Property Facts
| Price | $3,809,810 | Building Class | C |
| Price Per SF | $210.56 | Lot Size | 2.46 AC |
| Sale Type | Investment NNN | Building Size | 18,094 SF |
| Cap Rate | 6.85% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2019 |
| Property Subtype | School | Parking Ratio | 2.71/1,000 SF |
| Zoning | NB | ||
| Price | $3,809,810 |
| Price Per SF | $210.56 |
| Sale Type | Investment NNN |
| Cap Rate | 6.85% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 2.46 AC |
| Building Size | 18,094 SF |
| No. Stories | 1 |
| Year Built | 2019 |
| Parking Ratio | 2.71/1,000 SF |
| Zoning | NB |
1 1
Somewhat walkable
20/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 145289-094-170-0001-049-000 | Improvements Assessment | $1,859,000 |
| Land Assessment | $325,000 | Total Assessment | $2,184,000 |
Property Taxes
Parcel Number
145289-094-170-0001-049-000
Land Assessment
$325,000
Improvements Assessment
$1,859,000
Total Assessment
$2,184,000
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
