KinderCare – Belen, NM

KinderCare
301 W Reinken Ave, Belen, NM 87002, USA

Sands Investment Group is pleased to exclusively offer for sale the 10,115 SF KinderCare NNN Asset located at 301 W Reinken Avenue in Belen, NM. This deal includes a new 15-year Triple Net (NNN) Lease with zero landlord responsibilities, providing investors with long-term, passive income backed by KinderCare, one of the nation’s largest providers of early education and childcare, with more than 2,700 centers nationwide.

  • Belen, 30 miles south of Albuquerque along I-25, provides a small-market location with access to a much broader commercial and transportation customer base.
  • New 15-year Triple Net (NNN) Lease and zero landlord responsibilities.
  • Households totaling 7,034 children aged 0-9 years within a 5-mile radius provide a concentrated base of families to support consistent demand for childcare.
  • Residential and mixed-use growth includes Jardin de Belen, which has added 213 homes, while a planned 15 acre mixed-use development will add 300 homes plus retail and dining.
  • 10-minute drive from Belen Regional Airport and 30 minutes from Albuquerque International Sunport (ABQ).
  • The area is anchored by key employers including BNSF Railway, one of Belen’s largest employers, and Arcosa Wind Towers, a significant manufacturing investment strengthening the local economy.
  • BNSF Railway supports 325+ local employees with ~85 trains passing through daily, while Arcosa Wind Towers represents a $60 million manufacturing investment expected to create 250+ new jobs.
  • New Mexico is the 1st and only U.S. state to offer universal, no-cost childcare to all families, regardless of income, expanding access to early childhood education statewide.
  • New Mexico has a supportive childcare environment with the universal childcare program designed to reduce childcare costs for families and expand access to early education, creating a supportive environment for established childcare operators and facilities throughout the state.

In Cooperation With Sands Investment Group – Lic. #9623 BoR: Andrew Ackerman – Lic. NM #20310

KinderCare
301 W Reinken Ave, Belen, NM 87002, 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 1,600 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

$2,430,769

Cap Rate

6.50%

PREMISES

10,115 SF

YEAR BUILT

1955

YEAR RENOVATED

2023

RENEWAL OPTIONS

3 x 5 Year Options

Lease Expiration

15 Years From Close of Escrow

Lease Type

NNN

RENTAL INCREASES

2% Annually

BROKERS

List with SIG

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