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Investment Highlights

  • Attractive Rent Increases
  • Dynamic Tenant
  • Wheeling Town Center
  • Minimal Landlord Responsibilities
  • Strategic Retail Location
  • Traffic Counts

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase The Learning Experience, a single tenant investment property located at 343 W Dundee Road in Wheeling, Illinois (the “Property”). The Learning Experience has been at this build-to-suit location since 2020 and has 9+ years remaining on their lease with two (2) 5-year renewal options. The lease includes attractive 10% rental increases every five years throughout the primary term and at the start of each renewal option period. The Learning Experience is situated within Wheeling Town Center, a modern mixed- use development that anchors downtown Wheeling. The development features a mix of national and local retailers and restaurants, Cinergy Cinemas, and One Wheeling Town Center, a 301-unit luxury apartment community. The Property is also adjacent to the Wheeling Metra Station and Heritage Park, which includes a community center, health and fitness facility, athletic fields, a performance pavilion, and the Family Aquatic Center. Strategically positioned along W Dundee Road (IL Route 68), the Property is just moments from S Milwaukee Avenue (US Route 45) and S Elmhurst Road (IL Route 83), two of the area’s primary commercial and commuter corridors. The surrounding area is characterized by established residential neighborhoods, large apartment communities, and nearby employment centers, providing a strong built-in customer base. In addition, the site offers convenient regional accessibility with quick connections to Illinois Routes 63 and 83 and Interstate 294, located approximately 3.5 miles to the east, allowing for efficient travel throughout the northern Chicago suburbs and the greater Chicagoland region.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Day Care Center
Building Size
10,000 SF
Building Class
C
Year Built
2019
Price
$4,331,250
Price Per SF
$433.13
Cap Rate
8%
NOI
$346,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.51
Lot Size
0.45 AC
Zoning
C1
Frontage
274’ on West Dundee Road

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Health Care and Social Assistance
  • -
  • -
  • -

The Learning Experience® is one of the most trusted brands in the childcare space. Founded by the Weissman family in 2002 with a passion for early childhood education and a unique approach that drives learning and development through the eyes of a child, TLE has been dedicated to providing excellence in early education and childcare for more than 20 years! The Weissman family have been developing best-in-class childcare brands for more than 40 years, establishing hundreds of centers across the globe that make children happy to learn, play, and grow! Through philanthropic efforts, innovation in curriculum and technology, and more, the Weissman family is forever dedicated to the TLE mission.

Tenant Industry SF Occupied Rent/SF Lease End
Health Care and Social Assistance - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
Carnicerias Jimenez Groc Store
Fifth Third Bank
Benihana
Chase Bank
Scooter's Coffee
Cooper's Hawk Winery & Restaurant
U.S. Bank

Property Taxes

Property Taxes

Parcel Number
03-11-108-020-0000
Land Assessment
$73,024
Improvements Assessment
$240,726
Total Assessment
$313,750
  • Listing ID: 40042493

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 343 W Dundee Rd, Wheeling, IL 60090

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