KinderCare – Norcross, GA

KinderCare
4785 Peachtree Corners Circle, Peachtree Corners, GA, USA

Sands Investment Group is pleased to exclusively offer for sale the 19,098 SF KinderCare Absolute NNN Asset located at 4785 Peachtree Corners Circle in Norcross, 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 1997.

  • 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 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 x 5-year renewal options and annual CPI rental escalations.
  • Prime Atlanta Suburban Market With Strong Demographics: Situated in the highly desirable Norcross/Peachtree Corners submarket of the Atlanta-Sandy Springs-Roswell MSA, the trade area features robust population growth and affluent households, with the 1-mile average household income exceeding ~$162,326.
  • Prime Location: Close proximity to The Forum Peachtree Corners, Peachtree Industrial Blvd, Peachtree Corners Circle, and sees over 58K VPD on Peachtree Pkwy NW.
  • Strong Residential Base With Continuous Growth: Within a 5-mile radius, the population exceeds ~211,000 residents, and average household income exceeds $146K within a 3-mile radius.
  • Prime Educational Hub Location: Located 0.5 miles from The Wesleyan School, Atlanta’s most prestigious private school, the property benefits from strong local demand for high-quality early education, offering access to affluent families and reinforcing the tenant’s long-term stability. The site is also supported by 7+ feeder elementary schools within a 5-mile radius, providing a deep base of families with school-aged children and further enhancing enrollment potential.

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

KinderCare
4785 Peachtree Corners Circle, Peachtree Corners, GA, 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

$8,381,877

Cap Rate

7.90%

PREMISES

19,098 SF

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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