Crème de la Crème / KinderCare

Investment Overview

Single-Tenant, Net Lease Early Childhood Education Facility

Investment Highlights

• Investment-Grade Tenant — KinderCare Learning Companies, Inc. (NASDAQ: KLC), a leading national early-childhood education provider, guarantees the lease.
• Long Operating History — Continuously operated at this location since 2016, with substantial tenant investment in a distinctive interior build-out.
• Contractual Rent Growth — Scheduled rent increases through multiple renewal terms extending to 2046.
• Low-Management NNN Structure — Tenant responsible for building, roof, HVAC, and yard equipment; CAM, taxes and insurance substantially reimbursed.
• Excess Land Upside — ±6,000 SF development pad plus a ±0.5-acre signalized outparcel suited to coffee/convenience retail.
• Ancillary Income — Separate leased single-family residence at 249 Milltown Road adds incremental rental income