KinderCare – Louisville, KY

KinderCare
2050 Nelson Miller Pkwy, Louisville, KY 40223, USA

We are pleased to exclusively offer for sale the 12,892 SF KinderCare Absolute NNN located at 2050 Nelson Miller Parkway in Louisville, KY. The property features ~15 years remaining on a Absolute Triple Net (NNN) Lease with no landlord responsibilities, providing a passive investment opportunity. Strategically located in the established Berrytown/East Louisville corridor, the property benefits from proximity to major employment hubs, medical facilities, and commercial centers.

  • KinderCare is one of the largest providers of early education and child care, operating 2,700+ centers nationwide.
  • Louisville, Kentucky’s largest city, is a major regional hub located less than 20 miles from Louisville Muhammad Ali International Airport (SDF).
  • ~15 years remaining on a Absolute Triple Net (NNN) Lease with no landlord responsibilities.
  • Childcare is an active economic priority. Louisville launched the “Thrive by Five” program supporting early-learning providers, specifically focused on improving childcare quality, stability, and accessibility.
  • Average household income of $134,610, and a population of 128,942 residents within a 5-mile radius.
  • Louisville’s economy continues to benefit from billions of dollars in new corporate investment and thousands of new jobs, led by major employers including Ford and GE Appliances. This expanding employment base, combined with rising household incomes and population growth, supports long-term demand for childcare services.
  • Located in the established Berrytown/East Louisville corridor near major employment, medical, and commercial centers, the property provides convenient access for working families throughout the surrounding communities.

In Cooperation With ParaSell, Inc. , A Licensed Kentucky Broker – Lic. #260997 BoR: Scott Reid – Lic. KY #260934

KinderCare
2050 Nelson Miller Pkwy, Louisville, KY 40223, USA

KinderCare

KinderCare Learning Companies (NYSE: KLC) is one of the nation’s largest providers of early childhood education and childcare services, operating more than 2,700 centers across the United States. Founded in 1969, the company serves families through center-based childcare, employer-sponsored programs, and before and after-school education. With approximately $2.7 billion in annual revenue and over 36,000 employees, KinderCare is a well-established, publicly traded tenant supported by recurring demand and a nationally recognized brand.

Price

$4,480,469

Cap Rate

6.40%

PREMISES

12,892 SF

YEAR BUILT

2003

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

08/31/2041

Lease Type

Absolute NNN

RENTAL INCREASES

2% Annually

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