Net lease property for sale

NET LEASED INVESTMENT OFFERING

Rogy’s Learning Place 50 Mitchell Road North Aurora, IL 60542

www.bouldergroup.com

TABLE OF CONTENTS NET LEASED INVESTMENT OFFERING

TABLE OF CONTENTS

1)

Confidentiality & Disclaimer

2)

Executive Summary

3)

Property Overview

4)

Aerial

5)

Site Plan

6)

Maps

7)

Tenant Profile

8)

Demographic Comparison Report

9)

Location Overview

10)

Contact Information

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CONFIDENTITALITY & DISCLAIMER NET LEASED INVESTMENT OFFERING

CONFIDENTIALITY & DISCLAIMER The information contained in the following Offering Memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from The Boulder Group and should not be made available to any other person or entity without the written consent of The Boulder Group. This Offering Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. The Boulder Group has not made any investigation, and makes no warranty or representation. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, The Boulder Group has not verified, and will not verify, any of the information contained herein, nor has The Boulder Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

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EXECUTIVE SUMMARY NET LEASED INVESTMENT OFFERING

EXECUTIVE SUMMARY The Boulder Group is pleased to exclusively market for sale a single tenant net leased Rogy’s Learning Place located within the Chicago MSA. The property is located in an affluent area near Interstate 88. Rogy’s is a privately held childcare company with nineteen locations located throughout Illinois and Ohio. There are over ten years remaining on the Rogy’s Learning Place lease that expires on March 27, 2025. The lease features multiple rental escalations throughout the primary term. The lease is personally guaranteed by Richard and Dawn Rogy, the owners of Rogy’s Learning Place. This specific location is one of the top performers of the 19 locations.

The 42,589 square foot property is strategically located within an affluent area. The average household income within a one mile radius of the property is in excess of $96,000 annually. Additionally, there are approximately 70,000 people living within a three mile radius of the property earning average household incomes in excess of $86,000. The Rogy’s property is located just off of the signalized intersection of Mitchell Road and Butterfield Road, which experiences traffic counts in excess of 23,000 vehicles per day. The property is located less than one and one half miles from Interstate 88 (Ronald Reagan Memorial Tollway), which experiences traffic counts in excess of 96,000 vehicles per day. Fermilab, a federal government-sponsored high-energy physics laboratory that employs 2,000 people is located in the immediate proximity to the property. The Rogy’s Learning Place is located approximately one and one half miles from the Chicago Premium Outlets, a 437,000 square foot development that features 120 retailers.

There are over ten years ten years remaining on the Rogy’s Learning Place lease that features multiple rental escalations throughout the primary term. The lease is personally guaranteed by the owners of Rogy’s Learning Place. Rogy’s is a privately held childcare company with nineteen locations in Illinois and Ohio.

INVESTMENT HIGHLIGHTS • Located within the Chicago MSA • Long term lease with over 10 years remaining • Multiple rental escalations in the primary term • Approximately 70,000 people living within a three mile radius earning average annual household incomes in excess of $86,000 • Located just off of the signalized intersection of Mitchell Road and Butterfield Road (23,000+ VPD) • Located near Interstate 88 (96,000 VPD) • Fermilab, a federal government-sponsored high-energy physics laboratory that employs 2,000 people is located in the

immediate proximity • Surrounded by housing developments

www.bouldergroup.com

PROPERTY OVERVIEW NET LEASED INVESTMENT OFFERING

PROPERTY OVERVIEW

Price:

$3,194,477

Cap Rate:

7.75%

Rent Schedule:

NOI

Escalation Date

$247,572 $259,464 $271,272 Rental Escalations:

4.6% Plus

Lease Expiration Date:

March 27, 2025

Tenant:

Rogy’s Learning Place

Year Built:

2005

Lease Type:

NN (Roof & Structure)

Building Size:

9,260 SF

Land Acreage:

42,589 SF

www.bouldergroup.com

4/1/2016 4/1/2018

AERIAL NET LEASED INVESTMENT OFFERING

AERIAL

N

AD IELD RO

BUTTERF

MITCHELL ROAD

LIBERTY BUSINESS CENTER

88

96,000 VPD

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SITE PLAN NET LEASED INVESTMENT OFFERING

SITE PLAN

Outdoor Play Area

MITCHELL ROAD

Outdoor Play Area

N

www.bouldergroup.com

MAPS NET LEASED INVESTMENT OFFERING

MAPS FERMILAB

CHICAGO

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TENANT PROFILE NET LEASED INVESTMENT OFFERING

TENANT PROFILE Rogy’s Learning Place has been family owned and operated since 1972. It is operated by Mrs. Rogy, her two daughters, Wendy Pettett and Dawn Meyer, and her son Rick Rogy. The family has nearly 100 years of combined experience in the childcare industry. They all are actively involved in operations and committed to providing excellent care for all children in an environment that educates and nurtures them as individuals. The Rogy family also has an executive staff with years of experience in early childhood education.

The company currently has 19 locations in both Illinois and Ohio. Rogy’s Learning Place offers childcare services for children ranging from infants to twelve year olds. The company is headquartered in Peoria, Illinois.

Website: Number of Locations: Headquarters:

www.rogys.com 19 Peoria, Illinois

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DEMOGRAPHIC COMPARISON REPORT NET LEASED INVESTMENT OFFERING

DEMOGRAPHIC COMPARISON REPORT

Population Total Population Total Households

1-mi

3-mi

5-mi

6,280 2,045

68,985 23,483

205,320 66,358

$83,827 $96,162

$65,405 $86,335

$59,199 $81,550

Income Median Household Income Average Household Income

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LOCATION OVERVIEW NET LEASED INVESTMENT OFFERING

LOCATION OVERVIEW North Aurora is village in Kane County and a suburb of Chicago. North Aurora is located approximately forty miles west of downtown Chicago and is easily accessible by Interstate 88. As of the 2010 Census, the population of the city was 15,848. North Aurora maintains its own public library district, fire district, and police department, but public spaces and parks are managed by the neighboring Fox Valley Park District. www.vil.north-aurora.il.us

Chicago is the most populous city in the Midwestern United States and the third most populous city in the United States with 2,700,000 residents. Chicago is the county seat of Cook County, the second largest county in the United States. The Chicago MSA is the third most populated metropolitan area in the United States with 9,580,567 residents. The MSA covers over 1,300 square miles and six counties. The Chicago metropolitan area is home to the corporate headquarters of 57 Fortune 1000 companies, including Boeing, McDonald’s, Motorola, Discover Financial Services and United Airlines. Chicago is a major hub for industry, telecommunications and infrastructure and O’Hare International Airport is the second busiest airport in the world in terms of volume.

The metro is a major financial center in North America, and is home to the largest futures exchange in the United States, the CME Group. Chicago is third in the world on the Global Financial Centers Index which ranks the competitiveness of financial centers based on people, business environment, market access, infrastructure and general competitiveness. www.cityofchicago.org

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CONTACT INFORMATION NET LEASED INVESTMENT OFFERING

CONTACT INFORMATION

666 Dundee Road, Suite 1801 Northbrook, IL 60062 Randy Blankstein President 847.562.0003 randy@bouldergroup.com

Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

www.bouldergroup.com