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OFFERING SUMMARY

  • Location: Park Ridge, IL (Chicago MSA)
  • Address: 501 Busse Highway Park Ridge, IL 60068
  • Price: $6,425,821
  • Cap Rate: 7.25%
  • Building SF: 12,662 Sq Ft
  • Net Operating Income: $465,872
  • Year Built: 2021
  • Lot Size: +/- 1.28 Acres

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Marketing Package

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INVESTMENT HIGHLIGHTS:

  • Corporate Guaranty from the #2 Corporate Operator in the Country
    – Learning Care Group (LCG) is officially recognized as the second-largest for-profit early childhood education and care provider in North America.
    – The company operates over 1,150 schools across the United States. Its network spans across 40 states and Washington, D.C.
    – LCG has the collective capacity to care for and educate over 165,000 children daily, ranging in age from 6 weeks to 12 years old.
    – Unlike some competitors that operate under a single name, LCG achieves its massive scale by maintaining a diverse portfolio of 11 unique brand identities. This multi-brand approach allows them to target various market segments, educational philosophies, and geographic regions.
    – Driven by its massive footprint, LCG generates an estimated $4.1 billion in annual revenue.
  • 9+ Years Remaining with 10.00% Increases Every 5 Years
    – The Learning Care Group corporately guaranteed lease has over 9 years remaining.
    – The lease features rental increases every 5 years of 10.00% and continuing into the option periods, growing NOI and hedging against inflation.
    – The lease features limited landlord responsibilities, allowing for a passive investment for a new landlord.
  • Chicago MSA – 9,400,000+ People
    – Chicago-Naperville-Elgin is one of the largest metros in the nation. The Chicagoland area is bounded to the east by Lake Michigan and expands over a 5,000-square-mile region in northeastern Illinois, extending into Wisconsin and Indiana.
    – The metro has one of the biggest economies in the nation and is buoyed by its distribution, finance, manufacturing operations and growing high-technology sectors.
  • Over $346,000,000 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 are more likely to enroll in college and potentially experience higher earnings in adulthood.