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KinderCare 222 W Roosevelt Rd 3,500 SF Office Building Wheaton, IL 60187 $6,910,000 ($1,974.29/SF) 6.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand-new 15-year absolute net lease with 2% annual rental increases
- Lease is guaranteed by KinderCare Learning Companies, Inc. (S&P: KLC), a publicly traded corporate school operator with significant financial backing
- Hard corner signalized location with seamless ingress/egress at heavily trafficked intersection – 59,000+ combined VPD
- 2025 build-to-suit construction building with playground
- FY 2024 revenues of $2.663B, a 5.9% increase over the previous year
- Nearby national retailers driving traffic to the direct trade area include Target, Kohl’s, VASA Fitness, and Starbucks
EXECUTIVE SUMMARY
PROPERTY FACTS Under Contract
AMENITIES
- Signage
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 50,000 VPD at Main & Main Intersection - Directly Across From High Volume Mariano’s Store - Located at Signalized Hard-Corner With Incredible Visibility - Excellent Retail Market with Incredible Surrounding Demographics - New Construction Building - Monument Signage Available
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 3,500 SF | Office/Retail | Full Build-Out | Now |
1st Floor
| Size |
| 3,500 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Floor
| Size | 3,500 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Now |
- 50,000 VPD at Main & Main Intersection - Directly Across From High Volume Mariano’s Store - Located at Signalized Hard-Corner With Incredible Visibility - Excellent Retail Market with Incredible Surrounding Demographics - New Construction Building - Monument Signage Available
PROPERTY TAXES
| Parcel Number | 05-21-103-037 | Improvements Assessment | $0 |
| Land Assessment | $212,011 | Total Assessment | $212,011 |
PROPERTY TAXES
Presented by
CPP CRE ILLINOIS, LLC
KinderCare | 222 W Roosevelt Rd
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