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Creme de la Creme (Kindercare) | New 15yr NNN 100 Rondo 16,340 SF Retail Building Irvine, CA 92618 $29,887,430 CAD ($1,829.10 CAD/SF) 5.75% Cap Rate
Investment Highlights
- New 15-Year Lease | Corporate Guaranteed | 2025 Construction
- Great Park Master Planned Community/Development |Additional 10K Residential Units | 1,300+ Acres | 90K SF of Retail To Be Built
- Strong Demographics In 5-Mile Trade Area | Target Consumer Base High Income Orange County Location
- NNN | Fee Simple Ownership | Limited Landlord Responsibilities
- I-5 Retail & Employment Corridor | Medical & Innovation Hub
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NNN, corporate guaranteed, new construction Crème de la Crème investment opportunity in Irvine, California (Orange County). The tenant, KinderCare Learning Centers, LLC, recently signed a brand new 15 year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 12.5% rental increases every 5 years throughout the initial term and at the beginning of each option period, providing a strong hedge against inflation. The lease is NNN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. KinderCare Learning Centers is the largest preschool operator in the United States with over 2,300 locations nationwide. Located within the Great Park community development, the asset is the only preschool-entitled parcel within the entire Great Park master-planned community, making it a required component of the master developer’s entitlement program and a critical amenity supporting the continued sale of residential lots. The property also features on-site EV charging stations and rooftop solar panels, consistent with the high-quality standards associated with Crème de la Crème schools. The site is anticipated to open in Summer 2026.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
16,340 SF
Building Class
C
Year Built
2026
Price
$29,887,430 CAD
Price Per SF
$1,829.10 CAD
Cap Rate
5.75%
NOI
$1,718,538 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.67 AC
Zoning
CUP - Planned Development - Great Park
Parking
69 Spaces (4.22 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Creme de la Creme
- Educational Services
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Creme de la Creme | Educational Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Somewhat walkable
20/100
Very drivable
80/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 591-541-01 | Improvements Assessment | $0 CAD |
| Land Assessment | $6,103,647 CAD | Total Assessment | $6,103,647 CAD |
Property Taxes
Parcel Number
591-541-01
Land Assessment
$6,103,647 CAD
Improvements Assessment
$0 CAD
Total Assessment
$6,103,647 CAD
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Creme de la Creme (Kindercare) | New 15yr NNN | 100 Rondo
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