301 W Black Rd Shorewood, IL
Call to check price and availability
100% leased to The Learning Experience on NNN lease.
Type:RETAIL
Property size:
10,000 SFLot size:
1.54 AcresPrice / SF:
$511/SF- Added:
- Nov 9, 2024
- Days on Market:
- 531
- Last Refresh:
- Apr 5 at 9:58 pm
Property Features for 301 W Black Rd
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 1.54 Acres
- Property subtype
- RETAIL
Listing agent Chris Sands (310) 870-3282
Listing office Sands Investment Group (SIG) | Fort Lauderdale (310) 870-3282
Listing date Nov 9, 2024
Source Moodyscre
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 Sands Investment Group (SIG) | Fort Lauderdale
Overview
Shorewood Learning Experience For Sale
This property is fully leased to The Learning Experience, operating under a triple net (NNN) lease agreement where the landlord is responsible for roof and structure. The Learning Experience started in 1980 with 1 center and has since grown to over 450 locations that are open or under development. Rental increases are set at 11% every 5 years. Situated on a 1.55-acre lot, the property is located between suburban neighborhoods and key employers. The surrounding area demonstrates strong economic indicators, with an annual household income exceeding $122,231 in Will County and $130,000 within a 3-mile radius. Consumer spending on education and daycare totals over $117 million annually within a 5-mile radius. The property benefits from its proximity to established retailers such as Home Depot, O’Reilly Auto Parts, Marshalls, Walmart, CVS, and Target, along with various dining options including Wendy’s, McDonald’s, Which Wich, Taco Bell, and Jimmy John’s. There are more than 10 feeder elementary schools within a 5-mile radius. The childcare and early education industry is projected to grow at an annual rate of 5.0% over the next five years due to the rising population of young children as well as the societal shift that has sent more parents into the workforce. The building has a property size of 10000 square feet.
Location Intelligence
Current Use by Public Records
Day care centers
Similar Places Nearby
- Glendale Heights KinderCare — 1470 Bloomingdale Rd, Glendale Heights, IL 60139
- ABC 123 Home DayCare — 448 Belden Ave, Glendale Heights, IL 60139
- ABBA Christian Childcare — 1480 Bloomingdale Rd, Glendale Heights, IL 60139
- Los Pollitos Child Care — 2N463 Highland Ave, Glen Ellyn, IL 60137
- Escuela — 1470 Bloomingdale Rd, Glendale Heights, IL 60139
Location Insight
- Map
- Local Demand
- City
- Shorewood
- County
- DuPage
- State
- Illinois
- Longitude
- -88.0788
- Latitude
- 41.9202
FAQs
What type of property is this?
Day care center - 100% leased to The Learning Experience on NNN lease.
Where is this day care center located?
The property is located at 301 W Black Rd Shorewood, IL.
What is the asking price?
The asking price for this property is $5,113,928.
What are key features of this property?
This property features: 100% Leased to The Learning Experience on a NNN Lease with 11% Rental Increases Every 5 Years; Located in an Affluent Area: Will County household income exceeds $122,231 annually.; High Consumer Spending: Over $117 Million spent annually on education/daycare within a 5‑mile radius.
