KinderCare | Plano, TX
Sands Investment Group is Pleased to Exclusively Offer For Sale the 20,417 SF KinderCare Absolute NNN Asset Located at 5516 West Plano Parkway in Plano, TX. This Deal is 100% Leased to KinderCare on an Absolute Triple Net (NNN) Lease and the Lease Features CPI Rental Increases Every Five Years, Providing For a Secured Investment.
- KinderCare is the Largest For-Profit Childcare Company in North America and a Leader in Early Education With a Network of Over 2,300 Locations Across the Country Serving More Than 165,000 Children and Employing Over 38,000 Teachers and Staff
- Crème de la Crème is a Premium Early Education Organization With 45+ Locations Nationally and Were Recently Acquired By KinderCare, Which Corporately Backs the Lease
- The Asset is 100% Leased to KinderCare (Crème de la Crème) on an Absolute Triple Net (NNN) Lease
- The Lease Features CPI Rental Increases Every Five Years
- Total Consumer Spending on Education and Daycare Exceeds $218 Million Annually Within a 3-Mile Radius of This Location
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years Due to the Rising Population of Young Children as Well as the Societal Shift That Has Sent More Parents Into the Workforce
- There Are Approximately 454,625 Residents in a 5-Mile Radius and an Average Household Income That Exceeds $135,075 in a 1-Mile Radius of the Property
- The Property is Ideally Positioned on a 2.95 Acre Corner Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481
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