BrightPath
Retail | 7.00% CAP | 11,000 SqFt
Marketing description
A brand-new 15-year corporate BrightPath lease featuring 2% annual rental increases throughout the base term and options. The subject property is located in Kildeer – an affluent Chicago suburb boasting $165,000 average household incomes within a 5-mile radius.
Investment highlights
15-year BrightPath lease featuring 2% annual rental increases throughout the base term and options
Full corporate guaranty from BrightPath’s parent company – Busy Bees (see below)
Large 2.48 acre lot
Busy Bees US Holdings’ 2024 revenues totaled $221M, a 42.6% increase over the previous year
Extremely affluent demographics – $165,000 average household incomes within a 5-mile radius of the subject property
Situated in the midst of Lake Zurich and Stevenson school districts, which consistently ranks as a top school district nationally
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