507 E Illinois Hwy - Day Care Center FOR SALE


New Lenox, IL 60451
$810,742 USD
512-543-7437
507 E Illinois Hwy, New Lenox, IL for Sale
$810,742 USD
Day Care Center - FOR SALE
1/5
null | 7% Cap Rate

507 E Illinois Hwy
New Lenox, IL 60451


HIGHLIGHTS

  • KinderCare is the largest provider of early education and child care, operating more than 2,300 centers nationwide.
  • 10-year Triple Net (NNN) Lease with limited landlord responsibilities.
  • New Lenox, a suburb of Chicago, is located 30 miles from Chicago O'Hare International Airport (ORD) and less than one hour north of downtown Chicago.
  • Average household Income of $150,022 and a population of 80,450 residents within a 5-mile radius.
  • 13 elementary feeder schools within a 5-mile radius.
  • Directly across Illinois Hwy is a 23-acre residential development planned for 200+ homes.

OVERVIEW

Sands Investment Group is pleased to exclusively offer for sale an 8,800 SF KinderCare located at 507 E Illinois Hwy in New Lenox, IL. This property features a 10-year Triple Net (NNN) Lease with limited landlord responsibilities, providing a reliable and lowmaintenance investment opportunity with a strong national tenant in place. In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429

FOR SALE DETAILS

PRICE

$810,742 USD

PRICE/SF

$92 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare - New Lenox, IL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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Seth KrepistmanSands Investment Group Austin, LLCMore Info
512-543-7437

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