3090 W Main St - Day Care Center FOR SALE


St Charles, IL 60175- Fox River Valley
$6,495,000 USD
303-974-5737
3090 W Main St, St Charles, IL for Sale
$6,495,000 USD
Day Care Center - FOR SALE
1/14
null | 7.25% Cap Rate

3090 W Main St
St Charles, IL 60175
Fox River Valley


HIGHLIGHTS

  • Excellent Enrollment | Waitlist for Several Rooms
  • Cap Rate Increases to 8.05% on 10/1/2028
  • Strong Corporate Guarantor (Learning Care Group Inc.) operating over 1,150 locations Nationwide
  • Prime location in 3rd largest U.S. Metro Area | Long-Term NNN Lease with future rent increases
  • Exceptional Demographics with an average household income of $144,253 within a 5-mile radius
  • Popular STEAM-based concept (Science, Technology, Engineering, Arts & Math)

OVERVIEW

We are pleased to present this Single-Tenant Net-Leased (STNL) opportunity to acquire this well-located retail investment occupied by Everbrook Academy on a long-term lease with future rent increases. The building is approximately 11,959 sq. ft. with an additional 10,500 sq. ft. playground area. The property is offered free and clear on a fee-simple basis, featuring a NNN lease with over 8 years remaining on the initial term and three 5-year options to extend. The property was newly built in 2018 and is well maintained by the tenant. The subject property offers a qualified investor excellent passive cash flow with minimal Landlord responsibility. The property was constructed to stand the test of time with high-quality materials/finishes and is priced well below the current replacement cost.

FOR SALE DETAILS

PRICE

$6,495,000 USD

PRICE/SF

$543 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Everbrook Academy

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

PL

APN/PARCEL ID

09-29-331-002

ASK ABOUT THIS PROPERTY

Troy MeyerSVN | Denver CommercialMore Info
303-974-5737

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Troy MeyerSVN | Denver CommercialMore Info
303-974-5737

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