Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to PT Realty?
PT Realty
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.
This exceptional investment opportunity presents a fee-simple interest in a 9,960-square-foot, single-tenant daycare facility in Plainfield, Illinois. The property, built in 1999 on a 1.03-acre lot, is a 1-story building with 32 parking spaces and boasts a 6.35% cap rate. The tenant, La Petite Academy, a leading childcare provider with over 450 locations, holds a corporate-guaranteed NNN lease with a remaining term of approximately 9 years, extending to November 30, 2033, with 2, 5-year lease options. The lease commenced July 30, 1998, and includes annual rent bumps of 1%. The current annual rent is $184,978, and the asking price is $3,209,637, resulting in a price per square foot of $322.25. Located at 2345 Illinois Rte 59, Plainfield, IL 60586, this strategically positioned property benefits from high traffic counts (over 54,000 vehicles daily) and is situated between several large suburban neighborhoods and employers. Plainfield's strong demographics, including a high median household income ($130,614) and its position within the top 3 MSA (Chicago), further enhance the investment's appeal. The property's NOI is $203,812, reflecting a stable and predictable income stream. The tenant's long-term commitment and the property's location in a rapidly growing area make this a compelling investment opportunity in a recession-resistant industry.
Highlights
$3,209,637 asking price for a 9,960 SF net-leased retail property.
La Petite Academy, a corporate-guaranteed tenant, occupies the entire building.
The property features a 9-year remaining lease term with 1% annual rent bumps and two 5-year options.
The property boasts a 6.35% cap rate and a $203,812 net operating income (NOI).
Located on 1.03 acres in Plainfield, IL, a high-growth area with strong demographics.
Property Details
for 2345 Illinois Rte
Property type
Day care centers & nurseries, Other retail properties
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.