Listed by Marcus & Millichap - Chicago Oak Brook
$1,400,000
Wonder Joy Academy
Details
APN 05-35-482-026
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 6,000
Net Rentable (SqFt) 6,000
Units 1
Cap Rate 9.60%
NOI $134,256
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 04/30/2031
Remaining Term 4.9
Rent Bumps Yes
Lease Options 2
Price per SqFt $233
Broker Co-Op Yes
Year Built 2019
Buildings 1
Stories 1
Acreage 1.290
Zoning Commercial
Investment Type Net Lease
Tenant Credit No Credit Rating
Ground Lease No
Retail | 9.60% CAP | 6,000 SqFt
Investment highlights
- Long term daycare tenant investment property
- Triple net lease structure with limited landlord responsibility
- Less than a mile away from Chrysler assembly plant scheduled to ramp up operations in 2027
- This triple net investment opportunity is well suited for an investor looking to add value and cashflow to their investment portfolio.
- The existing tenant, Wonder Joy Academy, is in the middle of a 10 year base term that includes 2, 5-year renewal options. The base rent maintains 2% annual increases year-over-year.
- Taxes (2025) = $19,824.62
Listing Contacts
Listed by Marcus & Millichap - Chicago Oak Brook
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Loan Amount
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Annual Debt Service
$--
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Annual Cash Flow
$134,256.00
$11,188.00/mo
Valuation Metrics
0
DSCR
9.59%
Cap Rate
9.59%
ROI
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