Net Leased Kindercare

Investment Overview

Divaris Real Estate, Inc., as the exclusive representative, is pleased to offer for sale this single-tenant net leased opportunity at 2621 Pocoshock Blvd in Richmond, Virginia. The subject property is an approximately 5,000 SF freestanding retail building with two fenced-in outdoor play areas situated at the intersection of Hull Road and Pocoshock Blvd. The property is operated as a KinderCare childcare facility and has been continuously occupied by KinderCare at this location for over 35+ years. Located in the Manchester submarket, the property is only 7 miles Southwest of Dowtown Richmond. KinderCare has signed a new 10-year absolute triple net lease with two five (5) year options to renew and no termination rights offering an investor stable income for the foreseeable future.

Investment Highlights

• New 10-year absolute NNN Lease
• KinderCare has been operational at his location for 35+ years
• The facility runs at full capacity with a waiting list
• Tenant is responsible for structural portions of the building including the roof and air conditioning
• No Landlord Responsibilities