The Learning Experience | Double Net (NN) Lease
$4,276,000
91 Templeton Drive, Aurora (Oswego), IL 60543
For Sale
Special Purpose
Pending
Last Updated: 07/19/2021
7.25
Cap Rate
310,000
NOI
Details:
Cap Rate: 7.25%
NOI: $310,000
Building Size: 10,000 sqft
Lot Area: 1.08 acres
Year Built: 2019
Price Per Sqft: $427.60
Roof and Structure: Landlord’s Responsibility
HVAC: Tenant’s Responsibility
Repairs and Maintenance: Tenant’s Responsibility
Highlights:
- Long-Term 15 Year Investment Opportunity
- Corporate Guarantee From The Learning Experience
- The Learning Experience Started in 1980 With One Location and Has Since Grown to 300 Locations; The Foundation For the Centers is Built on Three Key Educational and Care Principles: Cognitive, Physical, and Social; or As They Say at TLE®, Learn, Play and Grow!
- Affluent Neighborhood With a Population of 38,828 Residents Making an Above Average Household Income of $112,540 Within a 3-Mile Radius
- Population Jumps to Over 477,798 Within a 10-Mile Radius and is Expected to Increase in the Next 5 Years
- Nearby Feeder Elementary Schools Are: East View Academy, Southbury, Prairie Point, Fox Chase, Old Post, Hunt Club and Churchill
- Adjacent to the Prairie Point Community & Splash Park Featuring 66 Acres of Soccer, Football, Softball, Baseball Fields, Volleyball Courts, Skate Park, Picnic Areas, Trails and a Volunteer Garden
- Oswego Village is a Southern Suburb of Aurora, IL, Which is Less Than 7-Miles Away; It is Home to 1,100 Acres of Open Land, Trails, Parks and a Quaint Historic Downtown District
- Aurora is Considered an Outer Suburb of Chicago and is the 2nd Most Populous City in the State; The Area Has Significant Architecture From Frank Lloyd Wright, is Home to a Large Collection of Sears Catalog Homes, and the Hollywood Casino Facility
- O’Hare and Chicago Are Just an Hour Away to the East
- Nearby Tenants Include: Home Depot, Target, Taco Bell, Starbucks, Party City, Ross, Walmart Supercenter, ALDI, Kohl’s and More
- Developer to Provide Two Years Construction Warranty Post Close as Additional Assurance to the Construction of the Property
Description:
We Are Pleased to Present Exclusively For Sale The Learning Experience at 91 Templeton Drive in Aurora (Oswego), Illinois. This Deal Includes a Long-Term 15 Year Investment Opportunity With a Corporate Guarantee, Providing For a Secure Investment.
IN COOPERATION WITH: LATITUDE COMMERCIAL REALTY, INC. IL Lic. # 478027290
2342 Cline Avenue Schererville, IN 46375
Documents:
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Offering Memorandum |
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