Kiddie Academy

105 Roman Lane, Hawthorn Woods, IL 60047

$4,835,000

Cap Rate 7.15%

Views: 19 DOM: 57 Updated: 04.28.24 Posted: 03.21.24 Status: Active

Summary

Price $4,835,000	Built/Renov 2020	Tenant Kiddie Academy
Cap Rate 7.15%	Lease Type Abs NNN	Guarantor Franchisee
Size/SF 10,503	Lease Start 09-20-2020	#Units 1
Price/SF $460.34	Expiration 09-30-2035	Tenant Type Daycare/Education
NOI $345,522	R. Term 11.4	Ownership Fee Simple
Rent/SF $32.90	Increases 2.0%/1/yrs	Pop 5Mi 118,692
Lot/AC 1.18	Options 3/5yrs/2%	AHHI 5Mi $169,919

Lease Highlights

Kiddie Academy has 11+ years remaining on the current lease term with 3 (5-year) options to extend
The lease features 2% annual rental escalations throughout the initial term and option periods
Absolute NNN | Zero landlord responsibilities
Franchisee guaranteed lease

Location Description

Kiddie Academy is strategically located at the signalized, hard corner intersection of Lake Zurich Road and Quentin Road, with access to a combined daily traffic count of 34,000 vehicles. The property is adjacent to a Mariano’s anchored shopping center, where other tenants include McDonald’s and PNC Bank. Furthermore, it is within close proximity to Somerfield mixed-use development, which...

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Key Features

Signalized intersection
Build to suit
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Absolute NNN
Long 10+ yr lease
Annual rent increases
Personal guarantee

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Links

Kiddie Academy Wikipedia Kiddie Academy Wikipedia Hawthorn Woods, Illinois Zip Code 60047 Broker Site Page

Maps

Local Information

1 Mile
3 Miles
5 Miles

Tenant

Tenant: Kiddie Academy
Guarantor:Franchisee
Company:Franchisee
# Units:1
Stock:Private

About Tenant

Kiddie Academy Educational Child Care is one of the leading childcare franchise providers in the United States. Kiddie Academy is a nationally recognized provider of comprehensive educational...

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Demographics

	1 Miles	3 Miles	5 Miles
2028 Total Population :	6,672	38,972	133,721
2023 Total Population :	6,642	39,063	135,902
2023 Employed Civilian Pop :	4,035	21,871	74,918
2023 Total Businesses :	276	1,630	4,103
2023 Average Household Income :	$ 198,574	$ 203,119	$ 167,836
2023 Total Consumer Spending :	$ 360 M	$ 2302 M	$ 7084 M
2023 Median Age :	43	44	40
2023 Total Households :	2,196	13,671	50,154
2023 Pop Age 25+: Bachelor's Degree :	1,486	9,555	32,463
2023 Average Home Value :	$ 456,716	$ 492,452	$ 446,883

*ESRI data is presented for informational purposes only

Traffic

Collection Street	Cross Street	Year	Traffic Vol	Distance
Cty V62	Main St	2011	12,000	0.07 mi
Main St	N Hilandale Ln	2013	17,100	0.14 mi
Cty V62	Main St	2011	19,400	0.15 mi
Main Street	Fern Rd	2017	20,400	0.21 mi
IL 22		2021	12,367	0.39 mi
Cty V62	Lea Ln	2007	18,100	0.41 mi
Cty V62	W Highland Dr	2007	10,100	0.50 mi
Cty V62	Lea Ln	2004	17,700	0.58 mi
Cty V62	W Highland Dr	2007	10,100	0.66 mi
Old Mill Grove Rd	Burr Oak Dr	2011	3,300	0.78 mi

Listing Broker

Jeff Lefko

Hanley Investment Group

Contact

115 Listings
5124 Views
54 Sold

Bill Asher

Hanley Investment Group

Contact

117 Listings
5254 Views
50 Sold

Jeff Lefko

As Executive Vice President at Hanley Investment Group, Jeff Lefko specializes in advising clients in the acquisition and disposition of retail properties nationwide. Jeff is focused on developing meaningful relationships that go beyond a singular transaction by proactively advising his clients to help achieve their long-term financial goals and objectives. Jeff’s commitment to his clients has allowed him to close over $1.5 billion in sales since 2017, which included 114 transactions va

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Bill Asher

Bill Asher specializes in advising clients in the acquisition and disposition of retail properties nationwide. With over 20 years of experience in commercial real estate, his transaction expertise, industry relationships, and unparalleled professionalism have allowed him to close and contribute to more than $2 billion in sales, including over 550 sales in the last 10 years. Bill’s dedication and unwavering commitment to his clients have made him one of the top agents at the company earning him

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