KinderCare – Marietta, GA

KinderCare
726 Woodlawn Dr NE, Marietta, GA 30068, USA

Sands Investment Group is pleased to exclusively offer for sale the 15,965 SF KinderCare Absolute NNN Asset located at 726 Woodlawn Drive NE in Marietta, GA. The property is 100% leased to KinderCare on an Absolute Triple Net (NNN) Lease with approximately 3 years remaining, 3 x 5-year renewal options, and CPI-based rent escalations annually, offering a stable and passive investment opportunity. The site was built to suit the brand and has been actively operating since its development in 1994.

  • Corporate-Backed Operator: Crème de la Crème is a premium early education operator with 45+ locations nationally. The company was acquired by KinderCare in 2022, which corporately backs the lease. KinderCare is the largest for-profit childcare company in North America, operating over 2,700+ locations, providing strong credit support and long-term stability for the investment.
  • Long-Term Absolute Triple Net (NNN) Lease Structure: The asset is 100% leased to KinderCare on an Absolute Triple Net (NNN) Lease with ~3 years of term remaining, featuring 3, 5-year renewal options and annual CPI rental escalations.
  • Irreplaceable 2.07-Acre Site in East Cobb: Situated on approximately 2.07 acres, the property offers a large land footprint that would be difficult to replicate under today’s zoning, entitlement, and childcare licensing requirements. The site provides ample parking, outdoor play areas, and future functional utility.
  • Prime East Cobb Location: Located in the heart of East Cobb and surrounded by numerous top-performing elementary schools within approximately a 5-mile radius. Positioned just off Lower Roswell Road and near the Johnson Ferry Road corridor, the property offers convenient access to East Cobb, Roswell, Sandy Springs, and surrounding affluent suburban neighborhoods.
  • Strong Residential Base With Continuous Growth: Within a 5-mile radius, the population exceeds ~210,572 residents, and average household income exceeds $176,996 within a 1-mile radius.
  • Strong Residential Fundamentals: The immediate market is characterized by high home values, with median home values exceeding $747,123 within a 1-mile radius of the property, indicative of a desirable, high-income residential community that supports premium educational services.

 

In Cooperation With Sands Investment Group Atlanta, LLC – Lic. #67374 BoR: Andrew Ackerman – Lic. GA #311619

KinderCare
726 Woodlawn Dr NE, Marietta, GA 30068, USA

KinderCare

KinderCare Learning Companies is one of America’s largest providers of early childhood and school-age education and childcare. KinderCare supports hardworking families with differentiated flexible childcare solutions to meet today’s dynamic work environment in 40 states and the District of Columbia: In neighborhoods, with KinderCare Learning Centers that offer early childhood education and childcare for children six weeks to 12 years old; At work, through KinderCare Education at Work, providing customized family benefits for employers across the country, including on-site and near-site early learning centers and backup care for last-minute childcare, and In local schools, with Champions® before and after-school programs. Headquartered in Portland, Oregon, KinderCare operates more than 2,700 early learning centers and sites. In 2022, KinderCare earned its sixth Gallup Exceptional Workplace Award – one of only four companies worldwide to win this award for six consecutive years. They are also proud to include Cambridge Schools, Knowledge Beginnings, the Grove School, and Rainbow Child Care Center in our community of learning. KinderCare Learning Companies (NYSE: KLC) reported $2.66 billion in gross revenue for 2024.

Price

$6,874,023

Cap Rate

8.00%

PREMISES

15,965 SF

YEAR BUILT

1994

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

04/30/2029

Lease Type

Absolute NNN

RENTAL INCREASES

Annual CPI

BROKERS

List with SIG

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