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| Price $6,735,000 | Built/Renov 2024 | Tenant Kiddie Academy |
| Cap Rate 7.00% | Lease Type
NN+ | Guarantor Franchisee |
| Size/SF
13,098
| Lease Start
08-01-2024
| #Units
339
|
| Price/SF $514.20 | Expiration
07-31-2044
| Tenant Type Daycare/Education |
| NOI $471,528 | R. Term 19.8 | Ownership Fee Simple |
| Rent/SF
$36.00
| Increases 2.0%/3/yrs | Pop 5Mi 755,345 |
| Lot/AC 0.89 | Options 3/5yrs/2% | AHHI 5Mi $84,072 |
| | |
Kiddie Academy is strategically located on Garfield Street, with access to 18,000 vehicles passing by daily. The property is situated next to I-290 (186,500 VPD), which connects the property to downtown Chicago. The immediate area is surrounded by well-known national tenants including Aldi, Advance Auto Parts, Amazon Warehouse, CVS Pharmacy, and more. Key educational institutions in proximity...
...New construction
Build to suit
Near major nationals
Freeway close
Top 100 MSA
Strong demographics
Brand new lease
Long 20+ yr lease
Favorable NN+ lease
Personal guarantee
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...
| 1 Miles | 3 Miles | 5 Miles | |
| 2029 Total Population : | 36,160 | 269,677 | 710,033 |
| 2024 Total Population : | 36,921 | 277,123 | 731,892 |
| 2024 Employed Civilian Pop : | 21,587 | 137,845 | 353,654 |
| 2024 Total Businesses : | 1,276 | 7,259 | 16,865 |
| 2024 Average Household Income : | $ 132,301 | $ 110,366 | $ 95,685 |
| 2024 Total Consumer Spending : | $ 2009 M | $ 10262 M | $ 22384 M |
| 2024 Median Age : | 40 | 38 | 38 |
| 2024 Total Households : | 17,462 | 106,098 | 265,649 |
| 2024 Pop Age 25+: Bachelor's Degree : | 8,461 | 35,455 | 77,177 |
| 2024 Average Home Value : | $ 420,158 | $ 393,192 | $ 343,959 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Garfield St | S Maple Ave | 2002 | 16,100 | 0.02 mi |
| Garfield St | Wenonah Ave | 2002 | 16,100 | 0.07 mi |
| Eisenhower Expressway | I- 290 | 2022 | 141,300 | 0.08 mi |
| I- 290 | 2022 | 12,900 | 0.10 mi | |
| Harlem Ave | I- 290 | 2013 | 33,200 | 0.10 mi |
| I- 290 | Harlem Ave | 2018 | 12,600 | 0.11 mi |
| South Harlem Avenue | I- 290 | 2018 | 13,400 | 0.13 mi |
| South Harlem Avenue | Alley | 2019 | 38,100 | 0.15 mi |
| IL 43 | 2021 | 34,400 | 0.22 mi | |
| Eisenhower Expressway | S Clinton Ave | 2018 | 169,500 | 0.23 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
