KINDERCARE | DETROIT MSA

$ 3,417,000
2121 19 MILE RD, STERLING HEIGHTS

Overview

  • Updated On:
  • October 3, 2024

Description

• KinderCare Corporate-Backed 9+ Year Lease | The AP Group represented a 1031 Buyer
• Strong Tenant | KinderCare is the Largest Childcare Provider in the U.S.
• NNN Lease with 2% Annual Escalations | Minimal Landlord Responsibilities
• 9+ Years of Term Remaining with Two, 5-Year Options
• Built in 2018 with High-Quality Construction

Address: 2121 19 MILE RD
State/County:
Zip: 48314
Country: United States

Property Id: 20630
Price: $ 3,417,000
Price/SF: $316.92
Cap Rate: 7.34 %
Building Size: 10,782 SF
Lot Size: 1.39 AC
Year Built: 2008

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Ani Paulson

Team Lead | Senior Director Investments

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Ani Paulson

Team Lead | Senior Director Investments
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