Investment Overview

Marcus & Millichap is please to exclusively offer a 2024 construction Kiddie Academy with a 20-year net lease, providing limited landlord responsibilities. The lease includes three five-year renewal options, with 2 percent annual rental increases in both the base term and option periods. Landlord delivery is set for November 15, 2024, and the property is anticipated to open in early 2025. Located in the affluent DuPage County, this property benefits from a strong surrounding demographic. Within a one-mile radius, the average household income is $172,244, with a population of 9,769. Expanding to a five-mile radius, the estimated population reaches 230,838, with a substantial daytime population of 328,286, enhancing the area's attractiveness for retail tenants and customers. This site is strategically positioned along a well-trafficked retail thoroughfare with proximity to major shopping centers and national tenants. It sits across the street from the Town Square Wheaton Shopping Mall, which draws 848,600 visitors annually, with tenants like Chico’s, Francesca’s, and McAlister’s Deli. Additionally, it is located 0.3 miles from Danada Square West, which receives 3.2 million visitors annually, and hosts brands such as TJ Maxx, Home Goods, and ULTA. Danada Square East, 0.3 miles away, attracts 2.5 million visitors per year and includes Nordstrom Rack, Blick Art Materials, and Whole Foods among its tenants. Nearby Rice Lake Square Shopping Mall, just 0.4 miles away, brings in 1.8 million annual visitors with tenants like PetSmart, Pete’s Market, and Orange Theory. Accessibility and visibility are further enhanced by its location in a highly trafficked area. Adjacent to S Naperville Road, which sees 17,100 vehicles daily, the property is also 0.2 miles from E Loop Road with 25,650 daily vehicles, and 0.9 miles from Route 56, carrying 26,800 vehicles daily. Just 2.9 miles away, the Wheaton Metra Station on the Union Pacific West Line provides additional commuter traffic with over 3.2 million annual riders, contributing to the property's strong appeal for retail and service-oriented tenants.