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132 Brenner Street, Bowling Green, KY, 42101

KinderCare
$1,694,769

Key Information

Cap Rate
6.5%
$ per SF
$252
Tot. SF
6,700
Lot Size
0.79 Acres
Year Built
2012
Term Remaining
± 9 Years
Type
Retail
Occupancy
100%
NOI
$110,160

Highlights

• Industry-Leading Corporate Guarantor – The lease is guaranteed by KinderCare, one of the strongest and best operators in the country for early childhood assets, operating over 2,700 early learning centers nationwide across their family of brands.
• Public Company Transparency – KinderCare became a publicly traded company on the NYSE (Ticker: KLC) in 2024, providing increased financial transparency and reporting visibility relative to smaller private early childhood operators.
• Absolute NNN Lease Structure – The property operates under an Absolute NNN lease, which creates a hands-off investment for ownership with little to no ongoing management responsibilities. Allows the investment to be completely passive.
• Consistent Rental Increases – The lease includes 2% annual rent escalations, allowing the investment to produce steady income growth over time while helping protect against inflation.
• Long-Term Lease Stability – The asset benefits from 9 years of remaining lease term, providing investors with reliable cash flow backed by an established childcare operator. Once the lease expires, there are Two, 5-year options to follow.
• Affluent Residential Growth Corridor – Situated in a growing northwest Bowling Green corridor surrounded by expanding residential development, supporting sustained household growth and demand for neighborhood-serving childcare centers.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 221925, 239410 (KY)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203