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KINDERCARE | CHICAGO MSA

$1,924,200 | 6.00%

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795 South Illinois Route 59
Bartlett, Illinois 60103

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Features

  • National, Internet-Resistant Tenant | KinderCare
    • Over 1,300 Locations Nationally
  • Over 30 Years of Operating History
    • KinderCare Has Been Operating at this Location Since 1990
  • Triple-Net Lease | Minimal Landlord Responsibilities
  • 10.5 Years Remaining on Corporately Guaranteed Lease
    • Tenant Recently Executed Lease Extension
    • One, Five-Year Extension Remaining
  • Lease Features Multiple Upcoming Rental Increases
    • Six Percent Increase in September 2021
    • 10 Percent Increase in September 2026
  • Low, Replaceable Rent
  • Attractive Demographics
    • 61,108 People Live Within Three Miles of the Property
    • Average Household Income Within One Mile is $138,968
  • Located One Block North of the Heavily Traveled Sutton Road and Stearns Road Intersection
    • 55,075 Total Vehicles per Day
  • Notable Tenants in the Area Include Walgreens, The Home Depot, Dollar Tree, Anytime Fitness, Northwestern Medicine, Amita Health, Starbucks, McDonalds and Many More
  • Childcare Growth Anticipation
    • Global Market for Preschool or Child Care Estimated to Grow Annually Through 2027 by 12.7 Percent
    • Preschool/Child Care Market in United States is Currently Estimated to be $1.3 Billion

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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