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646 Lovers Lane, Bowling Green, KY, 42103

KinderCare

$3,060,000

Key Information

Cap Rate
6.5%
$ per SF
$255
Tot. SF
12,000
Lot Size
0.89 Acres
Type
Retail

Highlights

• Industry-Leading Corporate Guarantor – The lease is guaranteed by KinderCare, the strongest and best operator 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.
• Convenient Neighborhood Accessibility – Easy access to key commuter routes and surrounding residential communities amplifies the convenience for parents, making the location well-suited for recurring daily childcare use.

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