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3090 W Main St
St Charles, IL 60175
Net Leased Childcare in a Wealthy Suburb · Retail Property For Sale
Investment Highlights
- Long-term net leased Everbrook Academy with minimal landlord responsibilities
- 3-5YR options at the end of the firm term, each with 10% rental escalators
- Affluent demographics with 102,000 people and an average income of $170,000 within a 5-mile radius
- Impending 11% rent bump coming in approximately 2 years, in August of 2028, pushing your CAP rate to 8.32% at the asking price
- Corporate Guarantee from the Learning Care Group (B- rated by S&P)
- Less than a mile west of downtown Saint Charles | Daytime population of 45,000 people within a 3-mile radius
Property Facts
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,959 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.58 AC
Zoning
PL - Public Land District
Frontage
Property Taxes
| Parcel Number | 09-29-331-002 | Improvements Assessment | $775,863 |
| Land Assessment | $194,299 | Total Assessment | $970,162 |
Property Taxes
Parcel Number
09-29-331-002
Land Assessment
$194,299
Improvements Assessment
$775,863
Total Assessment
$970,162
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