Skip to main content

Child Care

Guidepost Montessori

24 Kristin Dr, Schaumburg, IL 60195

Listing Price: $5,837,000

Cap Rate
6.65%
Tenant Name
Guidepost Montessori
Years Remaining On Lease
19.4
Gross SF
13,222
Guarantor
Corporate Guarantee
Rentable SF
13,222
Price/Gross SF
$441.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.36

Investment Overview

Marcus & Millichap presents an exclusive investment offering to acquire a newly renovated Guidepost Montessori School in Schaumburg, Illinois. The subject property features an attractive 20-year lease term with 2% annual rent increases during the primary term and the two 5-year option terms. The lease structure is triple net with landlord responsible for structure only. Tenant is responsible for roof and HVAC (new 2020).

The property is located in Schaumburg, an affluent northwest Chicago suburb approximately 30 miles from downtown Chicago. The 14,273 square foot building built in 1999, underwent a major renovation, including roof and HVAC replacement. The school opened in January 2021 under the Guidepost Montessori brand. This location is daycare only, serving ages 10 weeks to 6 years old. However, a single operator Montessori School Acarath operated at this location for the past 20 years before relocating in Schaumburg. Guidepost is the largest corporate operator of Montessori schools in the U.S. with 68 locations and 8 international locations open or under construction. The lease is guaranteed by Guideposts parent company, Higher Ground Education (HGE), a $100 million corporate enterprise. During the Covid pandemic, Guidepost has paid full rent throughout unlike most national daycare companies.

The property is located near the interchange of I-90 and Roselle Road surrounded by nearly two square miles of Class A office and flex space. The three mile population is over 90,000 with an average household income of $110,000. The Woodfield Mall, within three miles of the subject property, is one of the largest super regional malls in the country and has over 300 stores occupying in excess of two million square feet. Major employers in Schaumburg include Zurich North America, Motorola Solutions, Perdoceo, OptumRX, IBM and Genworth Financial Capital. Schaumburg is the largest center of economic development in the State of Illinois outside the City of Chicago. It boasts 9.5 million square feet of retail and restaurant space, 12 million square feet of office space and 13.5 million square feet of industrial space.

Investment Highlights

  • 20 Year Absolute NNN Investment in Metro Chicago
  • Corporate Guarantee and 2 Percent Annual Rent Increases
  • Largest Montessori School Operator in the U.S.
  • Affluent Schaumburg Suburb - $110,000 Average Income
  • 68 Schools and Expanding Across the U.S.
  • One Block From Interstate-90 And Across From Major Office-Research Park

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Listing Price: $5,837,000

Cap Rate
6.65%
Tenant Name
Guidepost Montessori
Years Remaining On Lease
19.4
Gross SF
13,222
Guarantor
Corporate Guarantee
Rentable SF
13,222
Price/Gross SF
$441.46
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$29.36

Investment Highlights

  • 20 Year Absolute NNN Investment in Metro Chicago
  • Corporate Guarantee and 2 Percent Annual Rent Increases
  • Largest Montessori School Operator in the U.S.
  • Affluent Schaumburg Suburb - $110,000 Average Income
  • 68 Schools and Expanding Across the U.S.
  • One Block From Interstate-90 And Across From Major Office-Research Park

Investment Overview

Marcus & Millichap presents an exclusive investment offering to acquire a newly renovated Guidepost Montessori School in Schaumburg, Illinois. The subject property features an attractive 20-year lease term with 2% annual rent increases during the primary term and the two 5-year option terms. The lease structure is triple net with landlord responsible for structure only. Tenant is responsible for roof and HVAC (new 2020).

The property is located in Schaumburg, an affluent northwest Chicago suburb approximately 30 miles from downtown Chicago. The 14,273 square foot building built in 1999, underwent a major renovation, including roof and HVAC replacement. The school opened in January 2021 under the Guidepost Montessori brand. This location is daycare only, serving ages 10 weeks to 6 years old. However, a single operator Montessori School Acarath operated at this location for the past 20 years before relocating in Schaumburg. Guidepost is the largest corporate operator of Montessori schools in the U.S. with 68 locations and 8 international locations open or under construction. The lease is guaranteed by Guideposts parent company, Higher Ground Education (HGE), a $100 million corporate enterprise. During the Covid pandemic, Guidepost has paid full rent throughout unlike most national daycare companies.

The property is located near the interchange of I-90 and Roselle Road surrounded by nearly two square miles of Class A office and flex space. The three mile population is over 90,000 with an average household income of $110,000. The Woodfield Mall, within three miles of the subject property, is one of the largest super regional malls in the country and has over 300 stores occupying in excess of two million square feet. Major employers in Schaumburg include Zurich North America, Motorola Solutions, Perdoceo, OptumRX, IBM and Genworth Financial Capital. Schaumburg is the largest center of economic development in the State of Illinois outside the City of Chicago. It boasts 9.5 million square feet of retail and restaurant space, 12 million square feet of office space and 13.5 million square feet of industrial space.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

MM Texture Background
MM Textured Background Lower