50 Mitchell Rd - Day Care Center FOR SALE
North Aurora, IL 60542 |
$4,474,687 USD
512-543-7437
50 Mitchell Rd
North Aurora, IL 60542
HIGHLIGHTS
- Cadence Education is One of the Largest Private Childcare Providers in the United States, With 30+ Years of Operating History
- North Aurora, a Suburb of Chicago, is a 35-Minute Drive From Both Chicago O'Hare International Airport (ORD) and Chicago Midway International Airport
- 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators
- Average Household Income of $124,167 and a Population of 173,941 Residents Within a 5-Mile Radius
- 14 Elementary Feeder Schools Within a 5-Mile Radius
- 1 Mile From The Riverfront Park, an Area Undergoing $3M Revitalization to Support Future Tourism, Community, Residential, and Commercial Growth
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,783 SF Cadence Academy Located at 50 North Mitchell Road in North Aurora, IL. This Deal Includes 9 Years Remaining on Initial Term With Favorable 2% Annual Rent Escalators and Zero Landlord Responsibilities, Providing For a Secure Investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$4,474,687 USD
PRICE/SF
$380 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Cadence Academy - North Aurora, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,689 SF
ZONING
-
APN/PARCEL ID
15-03-229-002
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512-543-7437
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512-543-7437
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