January 17, 2025 – Jack Laurendeau, Bob Horvath, Todd Tremblay, Steven Schiavello and Patrick Gray of Horvath & Tremblay have successfully completed the sale of a KinderCare in Cincinnati, Ohio. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $1,005,000.
KinderCare is located at 921 Anderson Ferry Road in Cincinnati, Ohio. KinderCare has operated at this location for more than 35 years, continuously exercising their renewal options, demonstrating their commitment to the site and the market. KinderCare has 3+ years remaining on their triple net (NNN) lease with two (2), 6-year renewal options. The lease calls for attractive annual rent increases throughout both renewal options. The Property is located adjacent to the signalized intersection of Anderson Ferry Road and Rapid Run Road in the Delphi neighborhood of Cincinnati. The Property is surrounded by densely developed residential neighborhoods and enjoys convenient access to several area public schools as well as Mount St Joseph University. The Property is 1.5-miles south of Glenway Avenue (OH Route 264), the area’s primary commercial corridor, which drives traffic to the area. Cincinnati offers a highly populated, affluent demographic and the location is part of a prominent residential area, offering a captive customer base. KinderCare is well positioned to meet the needs of the area, as the one of the only nationally recognized Daycare and Early Learning Center in the immediate area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.