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15109 Northwest Blvd - KinderCare Absolute NNN Lease 8,800 SF Specialty Building Offered at $3,468,428 CAD at a 6.50% Cap Rate in Corpus Christi, TX 78410
Investment Highlights
- New 15-Year Corporate Guaranteed Lease
- KinderCare Corporate Guarantee - NYSE: KLC
- Income Tax Free State
- Zero Landlord Obligations
- Affluent Family-Oriented Demographics
- 1.5% Rental Increases Every Year
Executive Summary
The Kase Group is pleased to present the opportunity to acquire a single-tenant KinderCare location in Corpus Christi, Texas, secured by a new 15-year absolute NNN lease. The lease features scheduled 1.5% annual rent increases and four 5-year options to extend.
The site boasts a prime location along Northwest Boulevard, serving as the primary commercial artery for the area, just minutes from the Interstate 69E interchange, which sees traffic volumes of 45,000 to 62,000 vehicles per day and provides direct access to Downtown Corpus Christi.
This offering features an absolute NNN lease structure with zero landlord responsibilities, backed by a corporate entity. Combined with its location in income tax–free Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
The site boasts a prime location along Northwest Boulevard, serving as the primary commercial artery for the area, just minutes from the Interstate 69E interchange, which sees traffic volumes of 45,000 to 62,000 vehicles per day and provides direct access to Downtown Corpus Christi.
This offering features an absolute NNN lease structure with zero landlord responsibilities, backed by a corporate entity. Combined with its location in income tax–free Texas, this asset provides investors with a stable, passive income stream in a pro-business environment.
Property Facts
| Price | $3,468,428 CAD | Building Class | B |
| Price Per SF | $394.14 CAD | Lot Size | 0.65 AC |
| Sale Type | Investment | Building Size | 8,800 SF |
| Cap Rate | 6.50% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2007 |
| Property Subtype | Schools | Parking Ratio | 2.73/1,000 SF |
| Zoning | B-4 | ||
| Price | $3,468,428 CAD |
| Price Per SF | $394.14 CAD |
| Sale Type | Investment |
| Cap Rate | 6.50% |
| Property Type | Specialty |
| Property Subtype | Schools |
| Building Class | B |
| Lot Size | 0.65 AC |
| Building Size | 8,800 SF |
| No. Stories | 1 |
| Year Built | 2007 |
| Parking Ratio | 2.73/1,000 SF |
| Zoning | B-4 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 200057934 | Improvements Assessment | $1,587,559 CAD |
| Land Assessment | $273,496 CAD | Total Assessment | $1,861,055 CAD |
Property Taxes
Parcel Number
200057934
Land Assessment
$273,496 CAD
Improvements Assessment
$1,587,559 CAD
Total Assessment
$1,861,055 CAD
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15109 Northwest Blvd - KinderCare Absolute NNN Lease
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