For Sale
$2,258,000
95 Park Ave Sugar Grove, IL 60554
Net-leased daycare, strong tenant
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Corporate guarantee from Busy Bees U.S. Holdings, a top-4 global childcare operator with 119+ US locations and 990+ globally.
- Busy Bees, backed by Ontario Teachers' Pension Plan, acquired BrightPath in 2017, a major North American childcare provider with US locations in NY, MA, CT, DE, OH, and KY.
- Strong demand for childcare in the US, with a market valued at $60.4B in 2022 and projected 4.18% CAGR through 2030, driven by increased working parents and high household expenditure on childcare.
- Located in the Chicago MSA, the 3rd largest US metro area, with a population of 9.6 million and over $52 million in annual consumer spending on education and childcare within a 5-mile radius.
Property Details for 95 Park Ave
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 10,690 SF
- Year Built/Renovated
- 2007/2024
- Lot Size (sq. ft)
- 65,340 SF
Location Insight
- City
- Sugar Grove
- County
- Kane
- State
- Illinois
- Latitude
- 41.7747153
- Longitude
- -88.4384954
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - Net-leased daycare, strong tenant
- Where is the day care center & nursery located?
- The property is located at 95 Park Ave Sugar Grove, IL.
- What is the asking price?
- The asking price for this property is $2,258,000.
- What are key features of this property?
- This property features: Corporate guarantee from Busy Bees U.S. Holdings, a top-4 global childcare operator with 119+ US locations and 990+ globally.; Busy Bees, backed by Ontario Teachers' Pension Plan, acquired BrightPath in 2017, a major North American childcare provider with US locations in NY, MA, CT, DE, OH, and KY.; Strong demand for childcare in the US, with a market valued at $60.4B in 2022 and projected 4.18% CAGR through 2030, driven by increased working parents and high household expenditure on childcare.
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