KinderCare Day Care
1649 South Shea Road, Collierville, TN 38017
For Sale
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A 14-year triple-net lease began in 2014, with annual rent adjustments tied to CPI.
Property Size11,979 SF
Lot Size1.61 Acres
Price / SF$225.87
Days on Market39
Property Features for 1649 South Shea Road
General Information
Standard status
Size
Net Rentable
Lot size
Property subtype
Additional Details
Gross Income
Tenant in Place
Building Details
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 8 at 6:24PM
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 SURMOUNT
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Investment Insights
Based on property information with market context.
The KinderCare day care center occupies a 11,979-square-foot building on an approximately 1.61-acre parcel at 1649 South Shea Road in Collierville, Tennessee. The property is subject to a 14-year NNN lease that commenced November 14, 2014.
Annual rent adjustments are scheduled at the lesser of 1.926% or 1.25 times CPI.
Annual rent adjustments are scheduled at the lesser of 1.926% or 1.25 times CPI.
Key Highlights
- 11,979 rentable square feet on an estimated 1.61‑acre parcel
- 14‑year NNN lease commenced 11/14/2014
- Scheduled annual increases are the lesser of 1.926% or 1.25x CPI
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
181
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 38017, TN
55,114
Population
20,850
Households
2.6
Avg Household Size
41
Median Age
60%
College-Educated
96%
High-School Grad
82.0 sq mi
ZIP Area
672
Density / Sq Mi
$135,946
Median Household Income
$70,857
Median Earnings
$1,489
Median Rent
$469,600
Median Home Value
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Similar Off Market Nearby
- Little Blessings Academy — 10263 E Shelby Dr suite 102, Collierville, TN 38017
- South Shea KinderCare — 1649 S Shea Rd, Collierville, TN 38017
Frequently Asked Questions
What type of property is this?
Day care center - A 14-year triple-net lease began in 2014, with annual rent adjustments tied to CPI.
Where is this day care center located?
The property is located at 1649 South Shea Road Collierville, TN.
What is the asking price?
The asking price for this property is $2,705,743.
What are key features of this property?
This property features: 11,979 rentable square feet on an estimated 1.61‑acre parcel; 14‑year NNN lease commenced 11/14/2014; Scheduled annual increases are the lesser of 1.926% or 1.25x CPI
