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507 E Illinois Hwy
New Lenox, IL 60451
KinderCare Learning Centers · Retail Property For Sale
Investment Highlights
- Long-Term Commitment to Site – 34-Year Operating History
- Affluent Family-Centric Trade Area
- Proximate to Transformational $70MM Sports Complex
- Nationally Recognized & Largest Daycare Provider
- Strategic Chicago MSA Location
Executive Summary
Northmarq is pleased to present the opportunity to acquire a KinderCare Learning Centers property in New Lenox, IL, a highly affluent southwest Chicago suburb. The property features a 34-year operating history, 9 years of remaining lease term, scheduled rental increases, and a tenant that has been committed to the site since 1992. Positioned near Interstate 80, surrounding schools, and the new $70MM Wintrust Crossroads Sports Complex, the asset offers investors stable childcare tenancy in a family-driven trade area.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
8,800 SF
Building Class
C
Year Built
1992
Price
$793,734
Price Per SF
$90.20
Cap Rate
7.15%
NOI
$56,752
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.16 AC
Zoning
Commercial
Parking
20 Spaces (2.27 Spaces per 1,000 SF Leased)
Frontage
1 of 9
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