Shorewood Learning Experience For Sale

301 W Black Rd, Shorewood, IL

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For Sale

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100% leased to The Learning Experience on NNN lease.

Type:RETAIL

Property size:

10,000 SF

Lot size:

1.54 Acres

Price / SF:

$511/SF

Contact for Pricing

Please call us for current price
and status of this listing

Chris Sands

HighLights

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.
Ideally Positioned on a 1.55‑acre lot between large neighborhoods and key employers.
Strong Industry Growth: Childcare/Early Education projected to grow at 5.0% annually.
Proximity to Retailers: Nearby established retailers include Home Depot, Walmart, Target, and more.

Learn more

For Sale

Contact for pricing

100% leased to The Learning Experience on NNN lease.

Type:RETAIL

Property size:

10,000 SF

Lot size:

1.54 Acres

Price / SF:

$511/SF

Added:: Nov 9, 2024
Days on Market:: 579
Last Refresh:: May 20 at 9:31 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

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Listing Contact

Chris Sands

Listing agent Chris Sands

Listing office Sands Investment Group (SIG) | Fort Lauderdale

Listing date Nov 9, 2024

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HighLights

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.
Ideally Positioned on a 1.55‑acre lot between large neighborhoods and key employers.
Strong Industry Growth: Childcare/Early Education projected to grow at 5.0% annually.
Proximity to Retailers: Nearby established retailers include Home Depot, Walmart, Target, and more.

Overview

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

Suggested Use

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

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.