KinderCare - El Paso, TX

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present for sale the single-tenant KinderCare Education Facility (the "Tenant") located in El Paso, TX (the "Property" or "Asset"). The KinderCare facility features a newly executed build-to-suit lease with a 15-year primary term and significant 10.00% rent escalations every five years, plus three five-year renewal options. The KinderCare Education LLC banner has been in business for 56 years and is rapidly expanding with 2,000+ locations. This offering presents the opportunity to acquire a new construction asset in an incredibly dynamic growth market and with out-sized rental escalations.

This offering presents the opportunity to acquire a new construction early childhood education center operated by KinderCare, a leading national provider with over 2,000 childcare centers across 41 states. The investment is positioned to capitalize on Horizon City's projected above-average population growth, family-friendly environment, and planned infrastructure improvements within the greater El Paso metropolitan area of 2.7+ million people.