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Child Care

KinderCare | Chicago MSA

795 Illinois Rte 59, Bartlett, IL 60103

Listing Price: $1,924,200

Cap Rate
6.00%
Tenant Name
KinderCare
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
6,791
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.00

Investment Overview

Marcus & Millichap is pleased to present KinderCare located in Barlett, Illinois within the Chicago metropolitan statistical area. KinderCare has been operating at this location Since 1990. 10.5 years remaining on triple-net, corporately guaranteed lease. Tenant recently executed lease extension. Lease features multiple upcoming rental increases. Low, replaceable rent. Attractive demographics and located just one block north of heavily traveled Sutton Road and Stearns Road.

Investment Highlights

  • National, Internet-Resistant Tenant | KinderCare
  • Over 30 Years of Operating History
  • Triple-Net Lease | Minimal Landlord Responsibilities
  • 10.5 Years Remaining on Corporately Guaranteed Lease | Lease Features Multiple Upcoming Rental Increases
  • Low, Replaceable Rent
  • Attractive Demographics
  • Located One Block North of the Heavily Traveled Sutton Road and Stearns Road Intersection

Exclusively Listed By

Listing Price: $1,924,200

Cap Rate
6.00%
Tenant Name
KinderCare
Years Remaining On Lease
10.2
Guarantor
Corporate Guarantee
Rentable SF
6,791
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$17.00

Investment Highlights

  • National, Internet-Resistant Tenant | KinderCare
  • Over 30 Years of Operating History
  • Triple-Net Lease | Minimal Landlord Responsibilities
  • 10.5 Years Remaining on Corporately Guaranteed Lease | Lease Features Multiple Upcoming Rental Increases
  • Low, Replaceable Rent
  • Attractive Demographics
  • Located One Block North of the Heavily Traveled Sutton Road and Stearns Road Intersection

Investment Overview

Marcus & Millichap is pleased to present KinderCare located in Barlett, Illinois within the Chicago metropolitan statistical area. KinderCare has been operating at this location Since 1990. 10.5 years remaining on triple-net, corporately guaranteed lease. Tenant recently executed lease extension. Lease features multiple upcoming rental increases. Low, replaceable rent. Attractive demographics and located just one block north of heavily traveled Sutton Road and Stearns Road.

Exclusively Listed By

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