2325 Royal Blvd - Day Care Center FOR SALE


Elgin, IL 60123
$3,984,071 USD
332-345-4222
2325 Royal Blvd, Elgin, IL for Sale
$3,984,071 USD
Day Care Center - FOR SALE
1/2
null | 7% Cap Rate

2325 Royal Blvd
Elgin, IL 60123


HIGHLIGHTS

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease
  • Approximately 15.6 Years Remaining
  • Annual Increases | Lesser of CPI or 2%

OVERVIEW

About the Tenant / Brand ? Premier Early Childhood Education has Been Successfully Operating and Growing Since 2018 ? The Tenant/Guarantor Now Operates 120 Locations, with numerous others under LOI for acquisition. ? The Tenant Expects their Growth to Continue to 150 Locations by The End of 2024, Nearly Doubling Their Store Count In 2022 ? Highly Experienced Management Team with Expansive Education and Platform Building Backgrounds | Company Now Employs Roughly 3,400 Employees ? Significant Financial Sponsorship With Qualified Equity Sponsor

FOR SALE DETAILS

PRICE

$3,984,071 USD

PRICE/SF

$201 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Learning Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

AB

APN/PARCEL ID

06-09-152-002

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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