Overview

Description

Sands Investment Group is Pleased to Exclusively Offer For Sale the 5,664 SF KinderCare Located at 1361 Somerset Avenue in Taunton, MA. With Over 7 Years Left on a Corporate Backed Lease With a 5 Year Option to Extend, This Opportunity Provides For a Secure Investment.



In Cooperation With Venture Retail Partners, LLC
BoR: Andrew Callahan – Lic. # REB.0018154

Highlights

• Over 7 Years Left on a Corporate Backed Lease With a 5 Year Option to Extend and a 10% Bump Coming in 2023
• Strong Corporate Guarantee - KinderCare Education, LLC is the Nation's Leading Private Provider of Early Childhood Education and Care With Approximately 1,500 Learning Centers
• Recent Early Lease Extension; In July of 2020, KinderCare Education, LLC Proactively Extended the Lease Term For an Additional 8 Years Showing Commitment to This Site
• Excellent Demographics With a Population Of 67,731 Residents Making an Average Household Income of $85,542 Within a 5-Mile Radius
• Nearby Feeder Elementary Schools Include: Saint Anthony, James L Mulcahey, Harold H Galligan, Edward F Leddy, Summer Street and Elizabeth Pole
• The General Dynamics Missions Systems Facility is Just 8-Miles Away and is Known For its Development of Military Communications Equipment; They Are the Largest Industrial Employer in the Area With Over 900 Employees
• Taunton is One of the Oldest Towns in the U.S. and Was Founded By Members of the Plymouth Colony; It is Known as the Silver City For Being a Historic Center of the Silver Industry in the 19th Century
• Taunton is Located 30 Minutes From Providence, RI and 20 Minutes From Fall River, MA
• Nearby Tenants Include: Target, Kohl ’s, Starbucks, Petco, T. J . Maxx, TGI Fridays, Smokey Bones Bar & Fire Grill, Taco Bel l , CVS Pharmacy, Wendy’s, Home Depot and More

Documents

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