Log In/Sign Up
Your email has been sent.
Kinder Care Learning Center 615 1st Ave SE 34,483 SF Retail Building Cedar Rapids, IA 52401 $5,002,977 CAD ($145.09 CAD/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Double Net Lease Through October 2032
- Corporate Guarantee From KinderCare, the Largest Childcare Provider with Over 1,400 Locations
- 10% Rent Increase in 2027
- Corner Location in Downtown Cedar Rapids with Courtyard Playground
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
34,483 SF
Building Class
B
Year Built
1970
Price
$5,002,977 CAD
Price Per SF
$145.09 CAD
Cap Rate
6.75%
NOI
$337,691 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.11
Lot Size
0.71 AC
Opportunity Zone
Yes
Parking
19 Spaces (0.97 Spaces per 1,000 SF Leased)
Frontage
221’ on 1st Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- KinderCare
- Services
- -
- -
- Double Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| KinderCare | Services | - | - | Double Net | - |
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 14214-51003-00000 | Improvements Assessment | $2,542,014 CAD |
| Land Assessment | $524,384 CAD | Total Assessment | $3,066,398 CAD |
PROPERTY TAXES
Parcel Number
14214-51003-00000
Land Assessment
$524,384 CAD
Improvements Assessment
$2,542,014 CAD
Total Assessment
$3,066,398 CAD
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Kinder Care Learning Center | 615 1st Ave SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.