KinderCare Day Care
New
For Sale
$3,950,000
1100 Connery Cove, Waunakee, WI 53597
Established childcare facility leased on an absolute net basis with renewal options.
Property Size10,782 SF
Lot Size1.58 Acres
Price / SF$366.35
Days on Market4
Property Features for 1100 Connery Cove
General Information
Standard status
Active
Size
10,782 SF
Lot size
1.58 Acres
Property subtype
Vacant-User
Additional Details
Cap Rate
6.95%
Amenities
Well-Situated Retail Investment Opportunity - Investors have the opportunity to acquire a prime retail asset in one of the most dynamic and desirable locations in Dane County.
Favorable Lease Terms - The subject property is currently leased to KinderCare, featuring a favorable NNN lease term providing owners with minimal operating responsibilities.
Prime Daycare Location - 1100 Connery Cv is well-situated and surrounded by newly constructed residential homes and apartments, making it a primary choice for families seeking childcare.
Convenient Access to Transportation Corridors - The subject property offers renters and customers easy access to transportation corridors including S Century Ave, WI-113, WI-19 and WI-12.
Building Details
Building Size
10,782 SF
Year Built
2018
Tenancy
Single
Listing Agency:
MARCUS & MILLICHAP
(650) 391-1735
Listed By:
Cole Simpson · License #License(s): CA: 02016525
(650) 391-1735
Source:
Marcusmillichap
Added: Aug 19
Changed: Aug 20
Last Checked: Aug 20 at 5:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MARCUS & MILLICHAP
Investment Insights
Based on property information with market context.
The property is a day care center occupied by KinderCare at 1100 Connery Cove in Waunakee, Wisconsin. The facility contains approximately 10,782 square feet on 1.58 acres and provides a spacious layout for its current childcare operation. The source data gives conflicting construction years, so no year is cited here.
KinderCare has operated at the location for 9 years, with approximately 6 years remaining on the absolute net lease, followed by two 5-year renewal options. The lease structure assigns minimal operating responsibilities to the property owner. The site is in Waunakee, with proximity to Madison, major employers, transportation corridors, shopping, dining, and entertainment described in the property information.
KinderCare has operated at the location for 9 years, with approximately 6 years remaining on the absolute net lease, followed by two 5-year renewal options. The lease structure assigns minimal operating responsibilities to the property owner. The site is in Waunakee, with proximity to Madison, major employers, transportation corridors, shopping, dining, and entertainment described in the property information.
Key Highlights
- 10,782‑square‑foot day care facility on 1.58 acres
- KinderCare has operated at the property for 9 years
- Approximately 6 years remain on the absolute net lease
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
548
Businesses Nearby
38k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 40%
Home Improvements & Furnishings 15%
Beauty & Spa 3%
Dollar Tree
Shops & Services
7,588 visits/mo
0.4 miles
Dunkin' Donuts
Dining
6,899 visits/mo
0.5 miles
Ace Hardware
Home Improvements & Furnishings
5,740 visits/mo
0.5 miles
SUBWAY
Dining
4,260 visits/mo
0.5 miles
The UPS Store
Shops & Services
3,817 visits/mo
0.5 miles
Demographics for 53597, WI
20,729
Population
8,323
Households
2.5
Avg Household Size
41
Median Age
58%
College-Educated
98%
High-School Grad
52.9 sq mi
ZIP Area
392
Density / Sq Mi
$114,542
Median Household Income
$63,700
Median Earnings
$1,336
Median Rent
$462,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Day care center - Established childcare facility leased on an absolute net basis with renewal options.
Where is this day care center located?
The property is located at 1100 Connery Cove Waunakee, WI.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 10,782‑square‑foot day care facility on 1.58 acres; KinderCare has operated at the property for 9 years; Approximately 6 years remain on the absolute net lease
