14+ Years Remaining on a New 15-Year Extension
– Chesterbrook Academy signed a new 15-year lease extension, offering long-term cash flow through June 2040 with three, five-year extension options immediately following the Base Term.
– The tenant is responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc making this a prime opportunity for out-of-state investors.
– 10.00% rental increases every 5 years, starting in Year 11 provide contractual rent growth for the remainder of the base lease term and the three, five-year option periods.
Long-Term Commitment to Location – 26+ Year Operating History
– Chesterbrook Academy has occupied the property since 1999 and has renewed their lease multiple times.
– The tenant most recently renewed their lease for a period of fifteen years in 2025.
– Chesterbrook Academy has a modest occupancy cost with rents of only $32.00 per square foot, well below new construction daycare rents.
Corporate Guaranty from Top 10 Operator in the Country (182+ Locations)
– Chesterbrook Academy is one of the Top 10 Corporate childcare companies in the country.
– Chesterbrook Academy currently operates over 182 locations across nineteen states.
– 6th largest childcare brand by number of locations.
Over $293,000,000 Spent on Education and Daycare in a 5-Mile Radius
– A strong focus on education and early childhood development can make a city more attractive to businesses and skilled workers, contributing to overall economic growth.
– Participants in early childhood programs, including Tulsa’s universal pre-K program, are more likely to enroll in college and potentially experience higher earnings in adulthood.
Affluent ($134K+ AHHI in 1, 3 & 5-Miles) and Dense Marketplace (260K+ People in 5-Miles)
– A Chicago suburb in DuPage County known for its natural beauty, including the Lisle Arboretum, and convenient access to major highways like I-88 and I-355, linking Lisle to Oak Brook, Naperville, and O’Hare.
– Transit-Oriented: Metra BNSF line connects Lisle to downtown Chicago in under 40 minutes — attracting commuters and hybrid workers.
– Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan, expands over a 5,000-square-mile region in northeastern Illinois and extends into Wisconsin and Indiana.
– The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents.
