The Learning Experience
Offerings
The Learning Experience
171 McLean Boulevard
South Elgin (Chicago MSA), IL
- Price:
- $4,126,000
- Cap Rate:
- 7.15%
- NOI:
- $295,000
- Rentable SQFT:
- 10,000 SF / 5,000 SF Playground
- Year Built:
- 2018
- Lot Size:
- 10,000 SF / 5,000 SF Playground
- Lease Type:
- Modified NNN
- Status:
- Not Available
Investment Highlights
- 15-Year Lease with 11% Increases Every 5 Years
- Rare Corporate Guaranty for 10 Years
- 325+ Locations Open or Under Development and Projected to Add 35 Locations Annually
- 2017 All-Masonry Construction, Minimal Landlord Responsibilities
- 156,621 Residents in Rapidly Growing Suburb of Chicago, 42 Miles Northwest of Chicago
- Average Household Income Exceeds $104,000 within 1 Mile
- Highly Visible to 44,331 Cars/Day Along Major Artery
- Just South of Highway 20 with 254,913 Cars/Day, Direct Access to Downtown Chicago
- Situated in South Elgin Professional Complex, Adjacent to Gail Borden Public Library with 1 Million Visitors Annually
- Strong Daytime Population, 119,439 Employees within 5 Miles
- 3 Miles to New 105-Acre Blue Heron Business Park and 227-Acre Bluff City Industrial Park
- Minutes to 670-Acre Brewster Creek Business Park, a New Master-Planned Industrial Park with 1.54 Million SF
- Close Proximity to Several K-12 Schools, 147,000+ Students in Kane County
- 2 Miles to Elgin Community College with 11,285 Students and 983 Employees
- Surrounded by Amenities Including Retail, Restaurants, Business/Industrial Parks, Hotels, Health Clubs, and Schools
- Just East of Randall Road Corridor with 2.6 Million SF of Retail and Home to 500 Businesses
- 2.5 Miles to Elgin Sports Complex with 10 Baseball/Softball Fields, 10 Soccer Fields, 2 Volleyball Courts, and a BMX Track
- 35 Minutes to O’Hare International Airport
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