KinderCare
Quick Service Restaurants (QSR) / Posted 5 months ago by Keith Sturm, Upland Real Estate Group, Inc. / 128 views
- Price : $1,475,000
- Cap Rate : 6.31%
- Net Operating Income : $93,087
- Tenant : KinderCare Learning Center LLC
- Lease Type : NNN
- Lease Term Remaining (Years) : 9+ Years
- Building Size (SF) : 6,175
- Land Area (Acres) : 1.18
- Year Built : 1983
- The tenant on the lease is KinderCare Learning Centers, LLC which operates over 1,500+ locations.
- This location was one of the first to re-open after Covid-19 shutdowns.
- Great demographics with a population of 252,862 and average household income of $110,659 within a 5-mile radius.
- This building was built for KinderCare and they have occupied since 1983.
- Over 9.5 Years on the Lease with increases every 2 years.
- Attractive financing in place with 4.35% interest rate. Principal reduction of $157,407 for remaining loan holding period.
- Bloomingdale is located 25 miles west of Chicago, an international hub for finance, culture, commerce, industry, education, technology, telecommuni-cation and transportation.
- Retailers in the surrounding area include: Stratford Square Mall (150+ stores), Costco, Lowe’s, Target, Walmart, Dicks Sporting Goods, ULTA, Lifetime Fitness, Kohl’s, Chick-fil-A, Chipotle, Hobby Lobby, Starbucks, Wendy’s, Best Buy and many more.