Property summary
This exceptional investment opportunity presents a fee-simple 1.35-acre parcel in Lisle, Illinois, improved with an 8,500 square foot building currently leased under an absolute NNN lease to a well-established, NAEYC-accredited school. The property boasts a 25-year operating history at this location and enjoys 100% occupancy. The current lease expires June 30, 2030, with a remaining term of approximately 5.6 years, including a 5-year renewal option. The current Net Operating Income (NOI) is $272,000, with a built-in 10% rent increase scheduled for July 2025, and subsequent 10% increases every five years thereafter. The property is zoned B-2 and features prominent frontage on Lacey Avenue (162 feet) and Ogden Avenue (315 feet). This prime location, coupled with the strong tenant and lease terms, makes this a secure and lucrative investment opportunity in the education sector. The property is priced at $4,000,000, offering a 6.80% capitalization rate. This is a rare chance to acquire a well-established, high-performing commercial property with significant long-term growth potential.
Property profile
VerifiedCap rate & NOI
Current use
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Daycare Center
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C · Lisle, ILZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C in Lisle, IL.
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