KinderCare
$3,960,000
101 Ringgold Road, Clarksville, TN 37042
For Sale
Retail
Free Standing
Active
Last Updated: 06/23/2025
6.5
Cap Rate
257,432
NOI
Details:
Cap Rate: 6.5%
NOI: $257,432
Building Size: 10,000 sqft
Lot Area: 0.84 acres
Lease Type: Triple Net
Tenancy: Single
Year Last Renovated: 2024
Highlights:
- Brand-new 15-year corporate net lease with 2% annual rental increases
- Subject property underwent significant renovations in 2024 which included new roof, HVAC, and interior remodel
- Lease is guaranteed by Higher KinderCare Learning Companies, Inc. (NYSE: KLC), a publicly traded corporate school operator with significant financial backing (see below)
- FY 2024 revenues of $2.66B, a 5.9% increase over the previous year
- Robust military base town with a significant amount of families lacking childcare options
- Very Strong Enrollments (Speak With Agent)
- Hard corner signalized location with seamless ingress/egress
Description:
A brand-new 15-year KinderCare lease featuring 2% annual rental increases throughout the base term and options. Subject property is ideally located in Clarksville – a dense Nashville submarket that benefits from a large base population at nearby Fort Campbell (see Page 14).
JORDAN POWELL
AVISON YOUNG
jordan.powell@avisonyoung.com
PH: 916.844.6454
TN Affiliate Broker #348249
Documents:
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Kindercare_ClarksvilleTN.pdf
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Location
Gallery
