Child Care
Rayito De Sol - Spanish Immerson Early Learning Center
1932 Springbrook Square Dr, Naperville, IL 60564
Listing Price: $3,181,000
Cap Rate
9.00%
Tenant Name
Rayito De Sol
Years Remaining On Lease
8.7
Gross SF
11,453
Guarantor
Private Guarantee
Rentable SF
11,453
Price/Gross SF
$277.74
Lease Type
Double Net
Rent Per Square Feet
$22.00
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a childcare center, Rayito De Sol, located in Naperville, IL.
Investment Highlights
- 8.50+ years remaining on a single-tenant net leased Rayito de Sol in Naperville, IL. The lease is currently set to expire in May of 2033 and includes 2% annual increases
- Located in Naperville, IL an extremely affluent western suburb of the Chicago MSA (third largest MSA in the United States). 147,701 residents of Naperville earn an average household income of $175,548
- Rayito de Sol is accredited by the National Association of Education of Young Children, an accreditation held by less than 9% of national programs.
- Located along primary Naperville thoroughfare, IL Route 59 which sees over 51K VPD.
- Just 1 mile north of the subject property, is a dense retail corridor featuring Costco Wholesale, Walmart Supercenter, Whole Foods, Macy's, Meijer, and the 120+ tenant Fox Valley Mall.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Child Care
Rayito De Sol - Spanish Immerson Early Learning Center
Listing Price: $3,181,000
Cap Rate
9.00%
Tenant Name
Rayito De Sol
Years Remaining On Lease
8.7
Gross SF
11,453
Guarantor
Private Guarantee
Rentable SF
11,453
Price/Gross SF
$277.74
Lease Type
Double Net
Rent Per Square Feet
$22.00
Investment Highlights
- 8.50+ years remaining on a single-tenant net leased Rayito de Sol in Naperville, IL. The lease is currently set to expire in May of 2033 and includes 2% annual increases
- Located in Naperville, IL an extremely affluent western suburb of the Chicago MSA (third largest MSA in the United States). 147,701 residents of Naperville earn an average household income of $175,548
- Rayito de Sol is accredited by the National Association of Education of Young Children, an accreditation held by less than 9% of national programs.
- Located along primary Naperville thoroughfare, IL Route 59 which sees over 51K VPD.
- Just 1 mile north of the subject property, is a dense retail corridor featuring Costco Wholesale, Walmart Supercenter, Whole Foods, Macy's, Meijer, and the 120+ tenant Fox Valley Mall.
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a childcare center, Rayito De Sol, located in Naperville, IL.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager