KinderCare

• Leader in the Childcare Sector: Founded in 1969, KinderCare is the single largest for-profit childcare provider in the country with 2,600+ locations and is one of the longest standing players in space.
• Publicly Traded Childcare Provider: KinderCare (NYSE: KLC) raised $576M through its initial public offering in October 2024 and is one of the only public childcare providers nationally.
• Revenue Growth: Over the past 5 years, KinderCare has consistently increased year-over-year revenues with $2.7B+ in 2025.
• 16th Largest MSA in the Country: Farmington is located within the Minneapolis–St. Paul MSA, home to 3.79+ million residents and 17 Fortune 500 headquarters, including Target, UnitedHealth Group, 3M, Best Buy, Ecolab, and CHS.
• Affluent, Family-Oriented Community: The property serves a trade area with an average household income exceeding $145,000, while consumers spend more than $59 million annually on education and childcare within a five-mile radius.
• Young Target Demographics: The surrounding area has a median age of just 37 years old, providing an ideal demographic profile for long-term childcare demand.
• Brand New Construction Facility: Features a modern design and updated infrastructure.
• Long-Term Lease with Above Market Increases: The lease features a rare 18-year lease term with no day-to-day landlord responsibilities and above market annual rental increases.
• Full-Term Corporate Guaranty: Lease is backed by KinderCare Learning Companies, Inc. for the entire duration of the lease term.