KinderCare

Lowest
Cap Rate

5.15%

Lowest cap rate over past 24 months

Average
Cap Rate

6.25%

12 mo avg with 5+ yr lease term

Overview

KinderCare properties are typically structured as absolute triple net (NNN) leases, offering long-term, passive income opportunities for investors. These facilities are often freestanding buildings situated in suburban areas with strong demographics.

Leases are generally corporate-guaranteed by KinderCare Learning Companies, Inc., ensuring a stable and reliable tenant profile.

Average Property & Lease

Average Sale Price	$2,500,000 - $5,000,000
Average NOI	$150,000 - $300,000
Building SF	8,000
Lease Term	15 Years
Escalations	10% Every 5 Years
Stock Symbol	NYSE: KLC

CREDIT RATING

S&P	B+
Moody's	N/A

TENANT DESCRIPTION

KinderCare is a leading provider of early childhood education and care services in the United States, serving over 200,000 children. The company operates under various brands, including KinderCare Learning Centers, Crème de la Crème, and KinderCare Education at Work.

Founded	1969
Headquarters	Lake Oswego, Oregon
Number of Locations	1,500
Revenue	$2.5 B
Company Website	https://www.kindercare.com
Key Principal	Paul Thompson

KinderCare

Lowest Cap Rate

5.15%

Average Cap Rate

6.25%

Overview

Average Property & Lease

CREDIT RATING

S&P

B+

Moody's

N/A

TENANT DESCRIPTION

PROS

CONS

COMPANY QUICK STATS

Lowest
Cap Rate

Average
Cap Rate