1311 W Airport Rd - Retail FOR SALE


Romeoville, IL 60446
$5,714,000 USD
630-590-5910
1311 W Airport Rd, Romeoville, IL for Sale
$5,714,000 USD
Retail - FOR SALE
1/6
null | 7% Cap Rate

1311 W Airport Rd
Romeoville, IL 60446


HIGHLIGHTS

  • Strong National Daycare Tenant
  • Adjacent to Walmart at Heavy Trade Intersection
  • Growing Residential Area Including a New Construction, 240-Unit Townhome Development

OVERVIEW

Brookline Real Estate presents the opportunity to acquire a Kiddie Academy Educational Child Care triple-net (NNN) investment positioned in a strong, transit-oriented location in the Chicago suburb of Romeoville. 1311 Airport Road contains 10,030 square-feet and is situated on approximately 1.35 acres. Near the southwest corner of Airport and Weber Roads, the property benefits greatly from its position next to Walmart at a heavy trade intersection including Aldi, Starbucks, and many other national retailers. The new construction building offers its staff and visitors 31 total parking spots in a lot accessible from both Airport and Weber Roads. Currently in year one of a fifteen-year lease, Kiddie Academy has shown is committed to the location and has shown tremendous growth and success as a child care organization. This asset is being offered at a 7.00% CAP rate with exceptional cash flow and continued growth.

FOR SALE DETAILS

PRICE

$5,714,000 USD

PRICE/SF

$570 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kiddie Academy of Romeoville

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.35 AC

LAND SF

58,806 SF

ZONING

-

APN/PARCEL ID

11-04-18-202-021

ASK ABOUT THIS PROPERTY

Corbin SchwartzBrookline Real EstateMore Info
630-590-5910

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Corbin SchwartzBrookline Real EstateMore Info
630-590-5910

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.