507 E Illinois Hwy - Day Care Center FOR SALE
New Lenox, IL 60451 |
507 E Illinois Hwy
New Lenox, IL 60451
HIGHLIGHTS
- Best in Class Operator – Founded in 1969, KinderCare Learning Companies is the single-largest childcare provider in the nation with 2,300+ locations.
- Low Rent – Tenant currently pays far below market rental rates at approximately $6/SF, allowing for lower operating costs on the Tenant.
- Strong Operating History – Prior to KinderCare acquiring the operating business, a local school brand operated this location successfully since 1992.
- High-Income Market – The surrounding 3-mile average household income surpasses $140,000, creating an ideal childcare target market.
- Top 5 MSA – New Lenox is located as part of the Chicago MSA, a Top 5 MSA in the country with nearly 10 million residents per the 2020 Census.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
KINDERCARE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
TOTAL BUILDING SIZE
8800
STORIES
1
YEAR BUILT
1992
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
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