KinderCare – Melissa, TX

KinderCare
3404 Sky Ridge Lane, Melissa, TX 75454, USA

Sands Investment Group is pleased to exclusively present for sale the 11,000 SF KinderCare NNN Asset located at 3404 Sky Ridge Ln in Melissa, Texas. This offering features newly constructed space in 2024 and includes a 15-year Triple Net (NNN) Lease. The property benefits from strong demographic support, with eight elementary feeder schools located within a five-mile radius, providing a stable and long-term investment opportunity.

  • KinderCare is the largest provider of early education and child care, operating more than 2,300 centers nationwide.
  • Melissa is located 40 miles northeast of Dallas and Dallas-Fort Worth International Airport (DFW).
  • 2024 new construction with a 15-year Triple Net (NNN) Lease.
  • Within a 5-mile radius, the area is home to 45,004 residents with an average household income of $129,297.
  • 8 elementary feeder schools within a 5-mile radius.
  • In April 2025, Melissa voters passed an $875 million bond to fund new schools, renovations, and districtwide upgrades to ensure long-term educational excellence.
  • Master-planned communities such as Legacy Ranch, Liberty, Meadow Run, and Bryant Farms bring 350+ new residential units to the area.
  • Texas is an income tax-free state.

 

In Cooperation With Sands Investment Group Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

KinderCare
3404 Sky Ridge Lane, Melissa, TX 75454, 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 back up care for last-minute childcare, and In local schools, with Champions® before and after-school programs. Headquartered in Portland, Oregon, KinderCare operates more than 2,500 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

$8,480,769

Cap Rate

6.50%

PREMISES

11,805 SF

RENEWAL OPTIONS

2 x 5 Year Options

Lease Expiration

02/28/2040

Lease Type

NNN

RENTAL INCREASES

10% Every 5 Years

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