Child Care
KinderCare
615 1st Ave SE, Cedar Rapids, IA 52401
Listing Price: $3,455,900
Investment Overview
Marcus & Millichap is pleased to present this single tenant KinderCare in downtown Cedar Rapids, IA. Over six years remain on the double net lease, and a 10% rent increase is scheduled in November 2027.
Broker of Record
Financing By
Listing Price: $3,455,900
Investment Highlights
- Double Net Lease Through October 2032
- 10% Rent Increase in 2027 that Increases the Cap Rate to 7.70%
- Corner Location in Downtown Cedar Rapids with Courtyard Playground
- Corporate Guarantee From KinderCare, the Largest Childcare Provider with Over 1,400 Locations
Investment Overview
Marcus & Millichap is pleased to present this single tenant KinderCare in downtown Cedar Rapids, IA. Over six years remain on the double net lease, and a 10% rent increase is scheduled in November 2027.
Broker of Record
Financing By
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