Renovated Day Care NNN
For Sale
Contact for pricing
1050 Eastgate Dr, O Fallon, IL 62269
6,725-square-foot La Petite Academy building on a 1.29-acre lot with NNN lease expiring December 31, 2028.
Property Size6,725 SF
Lot Size1.29 Acres
Days on Market148
Property Features for 1050 Eastgate Dr
General Information
Standard status
Active
Size
6,725 SF
Lot size
1.29 Acres
Property subtype
Retail
Site & Location
Traffic Count
22,100 vehicles/day
Highway Access
Yes
Building Details
Year Built
1989
Year Renovated
2019
Tenancy
Single
Listing Agency:
Preschool Exchange
Listed By:
Eunice Kim · License #TX: 755678
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 4:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Preschool Exchange
Investment Insights
Based on property information with market context.
Marcus & Millichap is pleased to present the fee simple acquisition opportunity for a La Petite Academy day care property. The building was constructed in 1989 and was recently renovated, including a complete interior and exterior renovation in 2019 with HVAC, roof, and parking lot improvements. The offering is leased on a NNN basis to La Petite Academy under a 7-year and 6-month term signed in June 2021, expiring December 31, 2028, with four, five-year options to extend.
The property is located on East Gate Drive, approximately 0.2 miles from U.S. Highway 50. Traffic is reported at over 22,100 vehicles per day. Scott Air Force Base is less than 5 miles away and employs over 13,000 people.
Learning Care Group provides strong corporate backing for the tenant. The tenant is currently paying rent and is expecting to open its doors this winter.
The property is located on East Gate Drive, approximately 0.2 miles from U.S. Highway 50. Traffic is reported at over 22,100 vehicles per day. Scott Air Force Base is less than 5 miles away and employs over 13,000 people.
Learning Care Group provides strong corporate backing for the tenant. The tenant is currently paying rent and is expecting to open its doors this winter.
Key Highlights
- La Petite Academy fee simple ownership: 6,725 SF building on a 1.29‑acre lot at 1050 Eastgate Drive, O’Fallon, IL
- 7‑year, 6‑month NNN lease signed June 2021 with expiration on December 31, 2028; four (4) five‑year extension options
- 2019 complete renovation inside and out, including HVAC, roof, and parking lot
Property Analytics
Property Profile
Current Use
Lease Details
22,100 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 62269, IL
36,068
Population
14,616
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
97%
High-School Grad
29.8 sq mi
ZIP Area
1,210
Density / Sq Mi
$100,167
Median Household Income
$58,724
Median Earnings
$1,258
Median Rent
$274,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Day care center - 6,725-square-foot La Petite Academy building on a 1.29-acre lot with NNN lease expiring December 31, 2028.
Where is this day care center located?
The property is located at 1050 Eastgate Dr O Fallon, IL.
What are key features of this property?
This property features: La Petite Academy fee simple ownership: 6,725 SF building on a 1.29‑acre lot at 1050 Eastgate Drive, O’Fallon, IL; 7‑year, 6‑month NNN lease signed June 2021 with expiration on December 31, 2028; four (4) five‑year extension options; 2019 complete renovation inside and out, including HVAC, roof, and parking lot
