KinderCare
$7,600,000
1710 Woodmont Boulevard, Forest Hills, TN 37215
For Sale
Retail
Free Standing
Active
Last Updated: 06/03/2025
6
Cap Rate
456,000
NOI
Details:
Cap Rate: 6%
NOI: $456,000
Building Size: 11,912 sqft
Lot Area: 1.95 acres
Lease Type: Triple Net
Tenancy: Single
Year Last Renovated: 2023
Highlights:
- Brand-new 15-year corporate net lease with 2% annual rental increases
- Property underwent significant renovations in 2023
- Lease is guaranteed by Higher KinderCare Learning Companies, Inc. (NYSE: KLC), a publicly traded corporate school operator with significant financial backing
- Very strong historical and current enrollments (Speak with Agent)
- KinderCare completed its IPO in October 2024, raising approximately $616M in proceeds and receiving a credit rating upgrade as a result (per Moody’s)
- Extremely affluent residential demographics – $180,000 average household incomes within a 1-mile radius of the subject property
- Nearby national retailers driving traffic to the direct trade area include Whole Foods, Macy’s, Trader Joe’s, Kroger, Dillard’s, and ULTA
Description:
A brand-new 15-year KinderCare lease featuring 2% annual rental increases throughout the base term and options. This location benefits directly from affluent parent demographics – $152,000 average household incomes within a 1-mile radius of the subject property.
JORDAN POWELL
AVISON YOUNG
jordan.powell@avisonyoung.com
PH: 916.844.6454
TN Affiliate Broker #348249
Documents:
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KinderCare_NashvilleTN.pdf
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Location
Gallery
