Bolingbrook, IL - The Learning Experience

Description:

SRS Real Estate Partners and Cushman & Wakefield are pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased The Learning Experience investment property located in Bolingbrook, Illinois, a strong suburban community within the Chicago MSA. The tenant, CRE8IVE Beginnings of Bolingbrook, Inc. dba The Learning Experience, operates under the nationally recognized early childhood education brand, The Learning Experience, with a limited guaranty from The Learning Experience Corp. The lease features a 16-year initial term expiring May 1, 2034, with two (2) five-year options to extend, demonstrating the tenant’s long-term commitment to the location. The rent schedule increases from $290,000 annually to $321,900 in years 6–10 and $357,309 in years 11–16, with continued growth during the option periods, providing steady NOI growth and a hedge against inflation. The tenant is responsible for taxes, CAM, utilities, insurance, and day-to-day maintenance, while the landlord remains responsible for the roof, structure, and parking lot, making this an attractive investment with limited landlord responsibilities.

The Learning Experience is strategically located along 115th Street in Bolingbrook, just west of Interstate 55, providing convenient access to downtown Chicago approximately 35 miles away. The property benefits from strong surrounding demographics, with more than 187,000 residents within a five-mile radius and an average household income exceeding $153,000. The area also supports a strong daytime population with approximately 59,000 employees within five miles. The site is surrounded by national retailers, major employers, residential communities, and community anchors including Bolingbrook High School, the Bolingbrook Recreation & Aquatic Complex, and Community Park, supporting long-term demand for early childhood education services at this location.

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Listing ID: a28TP000002R81xYAC