HIGHLIGHTS
- This Asset is 100% Leased to KinderCare on a Triple Net (NNN) Lease With Zero Landlord Responsibilities Featuring 1.5% Annual Rental Escalations
- KinderCare is the Largest For-Profit Childcare Company in North America and a Leader in Early Education With a Network of Over 2,300 Locations
- 10+ Feeder Elementary Schools Within a 5-Mile Radius: Sutherland Elementary School, Finkl Academy 3760, Arthur Dixon Elementary School
- Total Consumer Spending on Education and Daycare Exceeds $266 Million Annually Within a 5-Mile Radius of This Location
- Ideally Located Just Off S Western Avenue, Which Sees Over 28,974 VPD
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 8,985 SF KinderCare Located at 10126 South Western Avenue in Chicago, IL. This Deal Includes a Asset is 100% Leased to KinderCare on a Triple Net (NNN) Lease With Zero Landlord Responsibilities Featuring Attractive Annual Rental Escalations, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$2,300,490 USD
PRICE/SF
$265 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
KinderCare - Chicago, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Day Care Center, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1927
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.22 AC
LAND SF
9,583 SF
ZONING
B1-1; Chicago
APN/PARCEL ID
24-12-428-032-0000
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