Listed by RE/MAX Traders Unlimited
$1,150,000
1715 W ALTA Road
Details
APN 09-29-351-009
Property Type Land
Sub Type Commercial, Other
Square Footage 14,725
Net Rentable (SqFt) 14,725
Units 1
Occupancy 100%
Tenancy Single
Brand/Tenant Bright Horizons Children's Center
Lease Type Absolute NNN
Lease Term 30.5
Lease Expiration 06/30/2030
Remaining Term 4.1
Rent Bumps Yes
Lease Options One 5-yr Option
Price per SqFt $78
Class A
Year Built 1988, 1994, 2000
Buildings 3
Stories 1
Acreage 3.030
Zoning O-1
Parking Spaces 65 spaces
Parking Per SqFt 4.41
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 01/03/2000
NNN Education & Childcare Center - 1715 W Alta Rd
Marketing description
REMAX Traders Unlimited has been exclusively retained to sell 1715 W Alta Rd (the “Property”) – a 14,725 SF Early Education and Preschool NNN Asset, in Peoria, IL. The Property is occupied by Bright Horizons Children's Centers LLC / Little Friends Early Education & Preschool on an NNN lease with limited landlord responsibilities. Bright Horizons is the largest childcare operator in the nation and has been operating at this location for over 25 years, while Little Friends has been a staple in the Peoria community for over 40 years. The Property is located just north of Knoxville (IL-40) and IL Route 6 in North Peoria. The school caters to a growing residential population and is ideally positioned near multiple established neighborhoods, apartment complexes, houses of worship and retail centers. Lease information available with NDA.
Investment highlights
14,725 SF, Single-Story Property
NNN Leased until 2030
40+ Years in Peoria
Situated on 3.03 Acres w/ 65 Parking Spaces
Listing Contacts
Listed by RE/MAX Traders Unlimited
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