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Child Care

BrightPath | New 15-Year Lease | Corporate Guaranty from Busy Bees (119+ Locations in the U.S.)

95 E Park Ave, Sugar Grove, IL 60554

Listing Price: $2,258,000

Cap Rate
7.34%
Tenant Name
BBUS Operating Co I, LLC
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
10,690
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.50

Investment Overview

Marcus & Millichap is pleased to present for sale BrightPath in Sugar Grove, Illinois.
Corporate Guaranty from Busy Bees U.S. Holdings (119 Plus Locations in the U.S.)
- Busy Bees is ranked number four for the top operators by Global Unit Count (990 Plus Locations)
- Busy Bees has grown to 990 nurseries, catering to 100,000 children and has expanded its operations
across the UK, Europe, US, Canada, Singapore, Malaysia, Vietnam, Australia, and New Zealand with ambitious plans for strategic growth.

Investment Highlights

  • Corporate Guaranty from Busy Bees U.S. Holdings (119 Plus Locations in the U.S.)
  • Busy Bees Acquires BrightPath in 2017 – Backed by Ontario Teachers' Pension Plan
  • Demand For Child Care Remains Extremely Strong
  • Chicago MSA – Third Largest Metro in the U.S.

Exclusively Listed By

Financing By

Child Care

BrightPath | New 15-Year Lease | Corporate Guaranty from Busy Bees (119+ Locations in the U.S.)

Listing Price: $2,258,000

Cap Rate
7.34%
Tenant Name
BBUS Operating Co I, LLC
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
10,690
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$15.50

Investment Highlights

  • Corporate Guaranty from Busy Bees U.S. Holdings (119 Plus Locations in the U.S.)
  • Busy Bees Acquires BrightPath in 2017 – Backed by Ontario Teachers' Pension Plan
  • Demand For Child Care Remains Extremely Strong
  • Chicago MSA – Third Largest Metro in the U.S.

Investment Overview

Marcus & Millichap is pleased to present for sale BrightPath in Sugar Grove, Illinois. Corporate Guaranty from Busy Bees U.S. Holdings (119 Plus Locations in the U.S.) - Busy Bees is ranked number four for the top operators by Global Unit Count (990 Plus Locations) - Busy Bees has grown to 990 nurseries, catering to 100,000 children and has expanded its operations across the UK, Europe, US, Canada, Singapore, Malaysia, Vietnam, Australia, and New Zealand with ambitious plans for strategic growth.

Exclusively Listed By

Financing By

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