KinderCare Day Care
For Sale
$506,000
2233 Brothers Dr, Lafayette, IN 47909
Absolute NNN lease with scheduled 5% increases and term extending through January 31, 2028.
Property Size4,888 SF
Price / SF$103.52
Days on Market151
Property Features for 2233 Brothers Dr
General Information
Standard status
Active
Size
4,888 SF
Property subtype
Child Care
Occupancy
100%
Lease Type
Absolute Net
Additional Details
Cap Rate
7.25%
Amenities
Over 40 Years of Continued Occupancy – KinderCare Most Recently Exercised a 3 Year Option
Completely Passive Absolute NNN Lease Structure – Zero Landlord Responsibilities
Corporate Guarantee (Over 2,300 Locations Across 41 States) – Largest Provider of Early Education and Child Care in the United States
Dense Submarket - 75,000+ People Within 3 Miles and 131,000+ Within 5 Miles
Extremely Low Rent, Priced Below Replacement Cost - KinderCare Presently Pays Just $7.51/SF, CoStar Estimates Market Rents at $15/SF
Building Details
Building Size
4,888 SF
Tenancy
Single
Listing Agency:
Seattle Office
(206) 826-5638
Listed By:
Carson Breshears · License #WA: 140835
(206) 826-5638
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 2:46PM
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 Seattle Office
Investment Insights
Based on property information with market context.
The 4,888-square-foot KinderCare Learning Center at 2233 Brothers Dr in Lafayette, Indiana, has operated at this site for more than 40 years. The property is occupied under an absolute NNN lease, with the current term scheduled to end January 31, 2028. Two remaining 3-year option periods include 5% rent increases, and a recently exercised option provides an additional scheduled 5% increase.
The center is located within a market of over 75,000 residents within 3 miles, with 3% population growth projected over the next five years. Lafayette is home to Purdue University, which has a student body of 50,000 and approximately 2,000 employees. Major area employers identified for the market include Subaru of Indiana Automotive, Caterpillar, Franciscan Health, and IU Health Arnett Hospital.
The center is located within a market of over 75,000 residents within 3 miles, with 3% population growth projected over the next five years. Lafayette is home to Purdue University, which has a student body of 50,000 and approximately 2,000 employees. Major area employers identified for the market include Subaru of Indiana Automotive, Caterpillar, Franciscan Health, and IU Health Arnett Hospital.
Key Highlights
- 4,888‑square‑foot KinderCare Learning Center at 2233 Brothers Dr, Lafayette, IN 47909
- Operating at this location for over 40 years
- Absolute NNN lease structure
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
566
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47909, IN
42,759
Population
18,455
Households
2.3
Avg Household Size
34
Median Age
32%
College-Educated
91%
High-School Grad
118.0 sq mi
ZIP Area
362
Density / Sq Mi
$67,341
Median Household Income
$42,309
Median Earnings
$1,091
Median Rent
$203,600
Median Home Value
Questions? Ask Rey
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Similar Off Market Nearby
- Creative Playhouse, Inc. — 2112 Arapahoe Dr, Lafayette, IN 47909
- Jenn's Friends Daycare — 2213 meadow dr, lafayette, in 47905
- Enchanted Child Care — 2655 Teal Rd St D, Lafayette, IN 47905
- Brothers Drive KinderCare — 2233 Brothers Dr, Lafayette, IN 47909
Frequently Asked Questions
What type of property is this?
Day care center - Absolute NNN lease with scheduled 5% increases and term extending through January 31, 2028.
Where is this day care center located?
The property is located at 2233 Brothers Dr Lafayette, IN.
What is the asking price?
The asking price for this property is $506,000.
What are key features of this property?
This property features: 4,888‑square‑foot KinderCare Learning Center at 2233 Brothers Dr, Lafayette, IN 47909; Operating at this location for over 40 years; Absolute NNN lease structure
