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The Learning Tree 11424 Rainsford Dr 12,760 SF Retail Building Huntley, IL 60142 $2,971,323 ($232.86/SF) 7.10% Cap Rate



Investment Highlights
- Affluent, Family-Oriented Demographics
- High Barriers to Entry for Childcare Use
- Dense Residential Growth Corridor
Executive Summary
Surmount is pleased to present the exclusive listing for a The Learning Tree located at 11424 Rainsford Drive, Huntley, IL 60142. The site consists of roughly 12,760 rentable square feet of building space on an estimated 1.33-acre parcel of land. The Learning Tree is subject to a 20.01-year Triple Net (NNN) lease, which commenced 12/31/2019. The current annual rent is $210,964 and has scheduled increases of Lesser of 2.00% or 1x CPI Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
12,760 SF
Building Class
C
Year Built
2006
Price
$2,971,323
Price Per SF
$232.86
Cap Rate
7.10%
NOI
$210,964
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.33 AC
Zoning
B-3
Parking
45 Spaces (3.1 Spaces per 1,000 SF Leased)
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 18-21-401-002 | Improvements Assessment | $565,890 |
| Land Assessment | $101,964 | Total Assessment | $667,854 |
Property Taxes
Parcel Number
18-21-401-002
Land Assessment
$101,964
Improvements Assessment
$565,890
Total Assessment
$667,854
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The Learning Tree | 11424 Rainsford Dr
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