301 W Black Rd - Day Care Center FOR SALE
Shorewood, IL 60404 |
$5,113,928 USD
843-212-9319
301 W Black Rd
Shorewood, IL 60404
HIGHLIGHTS
- The Learning Experience Started in 1980 With 1 Center and Has Since Grown to 450+ Locations That Are Open or Under Development
- This Asset is 100% Leased to The Learning Experience on a Triple Net (NNN) Lease
- The Property is Ideally Positioned on a 1.55 Acre Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
- Total Consumer Spending on Education and Daycare Exceeds $117 Million Annually Within a 5-Mile Radius of This Location
- Established Retailers Nearby Include: Home Depot, O'Reilly Auto Parts, Marshalls, Walmart, CVS, Target, Orange Theory, Speedway Etc.
- The Childcare and Early Education Industry is Projected to Grow at an Annual Rate of 5.0% Over the Next Five Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,000 SF The Learning Experience Located at 301 West Black Road in Shorewood, IL. This Asset is 100% Leased to The Learning Experience on a Triple Net (NNN) Lease With the Only Landlord Responsibility Being Roof & Structure Featuring 11% Rental Increases Every 5 Years, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$5,113,928 USD
PRICE/SF
$511 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Learning Experience - Shorewood, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Day Care Center
ADD'L SUBTYPES
Freestanding, Storefront, Office/Residential
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
1.55 AC
LAND SF
67,518 SF
ZONING
Commercial
APN/PARCEL ID
06-09-206-009
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
843-212-9319
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
843-212-9319
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
