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4622 Lacey Ave. Lisle Il. 4622 Lacey Ave

8,500 SF Retail Building Lisle, IL 60532 £3,180,372 (£374/SF) 6.80% Net Initial Yield

EXECUTIVE SUMMARY

The Ress Group is pleased to present for sale Chesterbrook Academy Of Lisle , The subject property consists of a leased parcel of land that has been improved with Chesterbrook Academy 162 feet of frontage on Lacey Avenue and 315 feet of frontage on heavily trafficked Ogden Ave. The total site area is 58,632 sq. ft. This exclusive opportunity for a uniquely rare school with an original lease term of 15 years with extensions that have been executed way before expiration showing commitment to the location. Chesterbrook Academy is NAEYC Accredited uses links to learning curriculum which lays the foundation for academic success. Part of the Spring Education Group with a Network of more than 204 private schools providing outstanding education to infants to 12th grade statewide and internationally. Spring education best in class platform was created by uniting four premier school organizations; Leport Montessori Schools, Stratford School, Basis Independent Schools and Nobel Learning Communities.
Spring Education Group is organized into 3 divisions:
The Early Childhood Education Division includes 132 schools offering infant care through Pre-K/K programs. Our locations span a nationwide geographic footprint and a diverse array of pedagogical approaches — including our proprietary Links to Learning curriculum that draws from the collective expertise of renowned early-age educators such as Dewey, Piaget and Vygotsky; Montessori schools that embrace both accredited Montessori methods – AMI (Association Montessori International) and AMS (American Montessori Society); and progressive language immersion programs in Mandarin and Spanish.
The K-12 Division includes 72 schools, with programs spanning Preschool, Elementary, Middle School and High School. Across all of our K-12 schools, the common theme is our dedication to providing high-quality education and delivering superior educational outcomes through a variety of acclaimed pedagogical approaches. Our proven curricula include the top-ranked BASIS Curriculum used in our BASIS Independent Schools and Stratford’s STEAM-based (Science, Technology, Engineering, Arts, Mathematics) curriculum that was recognized by the White House as a leader in early childhood STEM education.
The Online Division features Laurel Springs School, a WASC-accredited pioneer in online private school education since 1991 that provides flexible and personalized learning experiences for students in kindergarten through 12th grade and beyond.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Day Care Center
Building Size
8,500 SF
Building Class
B
Year Built
1999
Price
£3,180,372
Price Per SF
£374
Net Initial Yield
6.80%
NOI
£216,319
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.38 AC
Parking
28 Spaces (3.29 Spaces per 1,000 SF Leased)
Frontage
287 ft on Lacey

NEARBY MAJOR RETAILERS

Curves
U.S. Bank
Alonti Market Café and Catering
Huntington Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-02-319-022
Land Assessment
£274,233
Improvements Assessment
£137,721
Total Assessment
£411,953
  • Listing ID: 32582999

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: 4622 Lacey Ave, Lisle, IL 60532

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