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Child Care

Spectrum Center | Corporate Guaranty – 40+ Year History | 3.00% Annual Increases in Rent

599 Falling Waters Way, Lindenhurst, IL 60046

Listing Price: $2,180,000

Cap Rate
7.50%
Tenant Name
Spectrum Center, Inc.
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
10,258
Lease Type
Double Net
Rent Per Square Feet
$15.91

Investment Overview

The Sulo Group is pleased to present a Spectrum Center located in Lindenhurst, IL.

Investment Highlights

  • Corporate Guaranty – 40+ Year History (Spectrum Center, Inc.)
  • 3.00% Annual Increases in Rent
  • Strong Going in Cap Rate of 7.50%
  • Excellent Demographics for Child-Education Tenant
  • Well Positioned Amongst Elementary, Jr. High and High Schools in the Marketplace
  • AHHI Exceeds $145,000 in 1-Mile

Exclusively Listed By

Financing By

Child Care

Spectrum Center | Corporate Guaranty – 40+ Year History | 3.00% Annual Increases in Rent

Listing Price: $2,180,000

Cap Rate
7.50%
Tenant Name
Spectrum Center, Inc.
Years Remaining On Lease
4.9
Guarantor
Corporate Guarantee
Rentable SF
10,258
Lease Type
Double Net
Rent Per Square Feet
$15.91

Investment Highlights

  • Corporate Guaranty – 40+ Year History (Spectrum Center, Inc.)
  • 3.00% Annual Increases in Rent
  • Strong Going in Cap Rate of 7.50%
  • Excellent Demographics for Child-Education Tenant
  • Well Positioned Amongst Elementary, Jr. High and High Schools in the Marketplace
  • AHHI Exceeds $145,000 in 1-Mile

Investment Overview

The Sulo Group is pleased to present a Spectrum Center located in Lindenhurst, IL.

Exclusively Listed By

Financing By

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