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Child Care

Net Leased Childcare Center in Wealthy Suburban Location

3090 W Main St, St. Charles, IL 60175

Listing Price: $6,280,000

Cap Rate
7.50%
Tenant Name
Everbrook Academy
Years Remaining On Lease
7.5
Gross SF
11,959
Guarantor
Corporate Guarantee
Rentable SF
11,959
Price/Gross SF
$525.13
Lease Type
Double Net
Rent Per Square Feet
$39.38

Investment Overview

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a long-term, single tenant net-leased Everbrook Academy located on W Main St in Saint Charles, Illinois. Positioned just
west of downtown Saint Charles, this property benefits from consistent traffic and affluent neighborhood demographics.

Everbrook Academy has 7.5 years remaining on an original 15-Year NN lease, with the landlord solely responsible for the roof and major structural repairs. With a pending 11% rental increase in August of 2028,
this opportunity has immediate rental upside. In approximately 2 years, the in-place CAP rate jumps to 8.32% and is pushed further by the 10% rental increases in each of their three remaining 5-Year options.

The lease is corporately guaranteed by Learning Care Group, which is one of the largest providers of early childhood education and childcare, operating over 1,100 schools across 40 states. As one of the more
premium brands, Everbrook Academy offers a STEAM-focused, handson learning experience for infants through preschool-aged children, emphasizing creativity, critical thinking, and individualized development
in modern, interactive classrooms.

The demographics surrounding this property are especially noteworthy with a population of over 100,000 people and a daytime population of 112,000 within a 5-mile radius. Average household incomes hover
at $170,000, making this location ideal for the higher tier services of Everbrook Academy.

Priced at $6,280,000, and a 7.50% CAP rate, this is an opportunity to acquire a long-term passive net leased asset with near-term upside, in a premier suburb of Chicago.

Investment Highlights

  • Long-term net leased Everbrook Academy with minimal landlord responsibilities
  • Impending 11% rent bump coming in approximately 2 years, in August of 2028, pushing your CAP rate to 8.32% at the asking price
  • 3-5YR options at the end of the firm term, each with 10% rental escalators
  • Corporate Guarantee from the Learning Care Group (B- rated by S&P)
  • Newer construction building – built in 2018 – construction costs have skyrocketed since this building was built
  • Affluent demographics with 102,000 people and an average income of $170,000 within a 5-mile radius
  • Exceptional underlying real estate on W Main St, surrounded by numerous dense residential neighborhoods
  • Less than a mile west of downtown Saint Charles | Daytime population of 45,000 people within a 3-mile radius

Exclusively Listed By

Child Care

Net Leased Childcare Center in Wealthy Suburban Location

Listing Price: $6,280,000

Cap Rate
7.50%
Tenant Name
Everbrook Academy
Years Remaining On Lease
7.5
Gross SF
11,959
Guarantor
Corporate Guarantee
Rentable SF
11,959
Price/Gross SF
$525.13
Lease Type
Double Net
Rent Per Square Feet
$39.38

Investment Highlights

  • Long-term net leased Everbrook Academy with minimal landlord responsibilities
  • Impending 11% rent bump coming in approximately 2 years, in August of 2028, pushing your CAP rate to 8.32% at the asking price
  • 3-5YR options at the end of the firm term, each with 10% rental escalators
  • Corporate Guarantee from the Learning Care Group (B- rated by S&P)
  • Newer construction building – built in 2018 – construction costs have skyrocketed since this building was built
  • Affluent demographics with 102,000 people and an average income of $170,000 within a 5-mile radius
  • Exceptional underlying real estate on W Main St, surrounded by numerous dense residential neighborhoods
  • Less than a mile west of downtown Saint Charles | Daytime population of 45,000 people within a 3-mile radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to purchase the fee simple interest in a long-term, single tenant net-leased Everbrook Academy located on W Main St in Saint Charles, Illinois. Positioned just west of downtown Saint Charles, this property benefits from consistent traffic and affluent neighborhood demographics. Everbrook Academy has 7.5 years remaining on an original 15-Year NN lease, with the landlord solely responsible for the roof and major structural repairs. With a pending 11% rental increase in August of 2028, this opportunity has immediate rental upside. In approximately 2 years, the in-place CAP rate jumps to 8.32% and is pushed further by the 10% rental increases in each of their three remaining 5-Year options. The lease is corporately guaranteed by Learning Care Group, which is one of the largest providers of early childhood education and childcare, operating over 1,100 schools across 40 states. As one of the more premium brands, Everbrook Academy offers a STEAM-focused, handson learning experience for infants through preschool-aged children, emphasizing creativity, critical thinking, and individualized development in modern, interactive classrooms. The demographics surrounding this property are especially noteworthy with a population of over 100,000 people and a daytime population of 112,000 within a 5-mile radius. Average household incomes hover at $170,000, making this location ideal for the higher tier services of Everbrook Academy. Priced at $6,280,000, and a 7.50% CAP rate, this is an opportunity to acquire a long-term passive net leased asset with near-term upside, in a premier suburb of Chicago.

Exclusively Listed By

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