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KinderCare - Recent 10-Yr Renewal 5524 New Albany Rd 8,700 SF Retail Building New Albany, OH 43054 $3,492,699 CAD ($401.46 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

10+ Years Remaining on Triple-Net (NNN) Lease with KinderCare
Longstanding Site - Tenant has Operated at this Location for 25+ Years
Affluent Trade Area - Average Household Income Exceeds $151,000 within 3 Miles

KinderCare Education is the Largest Provider of Early Education in the Nation with ±1,500 Centers
Dense Trade Area in the Columbus MSA - 106,104 Residents within a 5-Mile Radius
Situated One Mile North of New Albany Plain Local Schools, a 200-Acre Campus Comprised of Five Schools with ±5,130 Students Enrolled

EXECUTIVE SUMMARY

KinderCare Learning Centers are community-based centers offering education and care for children six weeks to 12 years old in neighborhoods across the country. Through over 1,500 KinderCare Learning Centers, children engage in purposeful learning and play every day. KinderCare Learning Companies is one of the largest providers of early childhood education in the nation with more than 2,400 centers and sites across the country.
New Albany is a city in Ohio, located roughly 15 miles northeast of Columbus. The city has approximately 11,770 residents and 3,794 households, with a median household income of $200,000.

KinderCare_New Albany, OH_Marketing Package

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Day Care Center

Building Size

8,700 SF

Building Class

Year Built

2000

Price

$3,492,699 CAD

Price Per SF

$401.46 CAD

Cap Rate

6.50%

NOI

$226,977 CAD

Tenancy

Single

Building Height

1 Story

Building FAR

0.10

Lot Size

2.04 AC

Zoning

IPUD - Infill Planned Unit Development

Health Care and Social Assistance
99,999 SF
-
Lorem Ipsum
Jan 0000

KinderCare Learning Companies was founded in 1969 in Montgomery, Alabama by Perry Mendel. The company operates as a leading provider of early childhood education and care services in the United States, serving children from six weeks to 12 years old. Headquartered in Lake Oswego, Oregon, KinderCare offers programs through community-based centers, employer-sponsored facilities, and before- and after-school programs under its Champions brand. The organization also owns Crème de la Crème schools, acquired in 2022, to expand premium offerings. KinderCare Learning Companies became publicly traded in 2024 under the ticker symbol KLC and is majority-owned by Partners Group.