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32044334
32044330

701 SHORELINE DR, AURORA, IL 60504-6194

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
JF
IL 475154756
The Boulder Group
Listed by The Boulder Group
$4,219,354
42 days on market
Updated 41 days ago

The Children's Courtyard (Learning Care Group)

Details
APN 0729413013
Property Type Retail
Sub Type Day Care/Nursery
Square Footage 16,810
Units 1
Cap Rate 7.75%
NOI $327,000
Occupancy 100%
Tenancy Single
Rent Bumps Yes
Lease Options Three 5-year
Year Built 2007
Acreage 2.520
Investment Type Net Lease
Ground Lease No

7.75% Cap Rate | Affluent | NNN

Marketing description

  • Chicago MSA — Ranked #3 in the U.S. by population size
  • Absolute NNN — Zero landlord responsibilities
  • 9% rental escalations every five years
  • Corporate guaranty from Learning Care Group, Inc.
  • 7+ years remain on the primary lease term
  • Affluent community — $157,000+ average household income within three miles
  • 261,000+ residents within a five-mile radius
  • Just off Ogden Avenue (34,600 vehicles per day)
  • Less than two miles from the IL Route 59/Fox Valley retail corridor (68,400 vehicles per day), anchored by Fox Valley Mall and featuring Costco, Best Buy, Dick’s Sporting Goods, The Home Depot, Lowe’s, Floor & Décor, Macy’s, Whole Foods, and many others
  • Located in Indian Prairie School District 204, the fourth-largest district
  • in Illinois (26,000 students), and minutes from Waubonsie Valley High School (2,900 students)
  • The property sits within a 10–15-minute drive of major employers including Nokia, BP America, Navistar International, Nicor Gas, Nalco/Ecolab, Wheels, Inc., BMO Harris Bank, and Rush Copley Medical Center just 2 miles south

Investment highlights

The Boulder Group is pleased to exclusively market for sale a single tenant net leased property occupied by The Children’s Courtyard within the Chicago MSA in Aurora, Illinois. The Children’s Courtyard has operated from this location since 2019 on a lease running through March 2034. The lease is absolute triple net with zero landlord responsibilities and features 9% rental escalations every five years throughout the primary term and three 5-year renewal options. It is also backed by a corporate guaranty from Learning Care Group, the tenant’s parent company.

The 16,810 square-foot property is situated within one of the Chicago MSA’s most affluent trade areas, with average household income exceeding $157,000 within three miles and over 261,000 residents within a five-mile radius. The site sits just off Ogden Avenue, carrying 34,600 vehicles per day, and lies less than two miles from the IL Route 59/Fox Valley retail corridor (68,400 vehicles per day), the dominant shopping destination in the trade area, anchored by Fox Valley Mall and featuring Costco, Best Buy, Dick’s Sporting Goods, The Home Depot, Lowe’s, Floor & Décor, Macy’s, Whole Foods, and many other national retailers. The surrounding community is served by Indian Prairie School District 204, the fourth-largest district in Illinois, enrolling 26,000 students, and the site is minutes from Waubonsie Valley High School (2,900 students). Demand is further reinforced by proximity to the region’s largest employment centers, with the property sitting within a 10–15-minute drive of major employers including Nokia, BP America, Navistar International, Nicor Gas, Nalco/Ecolab, Wheels, Inc., and BMO Harris Bank, as well as Rush Copley Medical Center just two miles south.

The Children’s Courtyard is a leading provider of early childhood education and childcare services, founded in 1986 in Arlington, Texas. It operates more than 100 childcare and early education centers across Texas and select other states, offering programs for infants (as young as six weeks), toddlers, preschool, pre-K, and school-age children, with an emphasis on hands-on, active learning in safe, campus-like environments that include nutritious meals and dedicated educators. As a proud member of the Learning Care Group—one of the largest networks of early education providers in the United States—The Children’s Courtyard focuses on building strong foundations for school readiness and lifelong success through its curriculum and family-oriented approach.

Listing Contacts

RB
IL IL 471005983
The Boulder Group
JG
IL 471007006
The Boulder Group
JF
IL 475154756
The Boulder Group
Listed by The Boulder Group

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Loan Amount
$0.00
Annual Debt Service
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$--
Annual Cash Flow
$327,000.00
$27,250.00/mo

Valuation Metrics

0
DSCR
7.75%
Cap Rate
7.75%
ROI

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Additional Information

Name
Randy Blankstein
License
IL 471005983
Brokerage Phone
8475620003
Title
IL
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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