FAQ on SRS Real Estate Partners' $9.35 Million Sale of KinderCare Property in Broomfield, CO
Summary
SRS Real Estate Partners announced the $9.35 million sale of a newly developed KinderCare property in Broomfield, CO, highlighting its strategic location and long-term lease benefits.
What was the sale price of the KinderCare property in Broomfield, CO?
The sale price was $9.35 million.
Who represented the seller in the transaction?
Ryan Tomkins, Vice President of SRS Capital Markets, represented the seller, a Denver-based private developer.
Who purchased the KinderCare property?
The buyer was a Kansas City-based private investor engaged in a 1031 exchange.
What are the key features of the KinderCare property sold?
The property is nearly 12,000 square feet on 1.42 acres, with a 15-year corporate-guaranteed, triple net lease, and was newly constructed, completing in early 2025.
Why is the KinderCare property considered a favorable investment?
It offers limited management responsibilities, a secure national tenant, a brand-new long-term lease, and is located in a booming master-planned community near the new Center St development.
How many locations does KinderCare operate?
KinderCare operates more than 2,400 locations in 40 states, making it the nation’s largest private provider of child care.
What is the significance of Broomfield, CO, in this context?
Broomfield is the fastest-growing city in Colorado and one of the fastest-growing in the U.S., located approximately 18 miles north of Denver.
What has SRS Capital Markets achieved this year?
SRS Capital Markets has completed over $1.2 billion in deal volume, comprising more than 350 transactions nationwide, with over 845 properties actively on the market valued at over $3.7 billion.
Where can I find more information about SRS Real Estate Partners?
For more information, visit srsre.com.
This story is based on an article that was registered on the blockchain. The original source content used for this article is located at citybiz
Article Control ID: 164055