Highlights
•About the Investment: •Long-Term Modified Triple-Net (NNN) Lease | The property is leased under a 15-year modified triple-net (NNN) lease with 2% annual rent increases. The landlord is responsible only for the building’s structure, which, along with the roof, is covered by a 15-year warranty. •Busy Bees Subsidiary | BrightPath was acquired by Busy Bees in May 2017, a global leader in early childhood education operating nearly 1,000 locations across 10 countries. The lease is corporately guaranteed by Busy Bees US Holdings LLC, backed by minimal debt tied directly to the parent company. •Rapidly Growing Early Education Program | BrightPath is one of North America’s fastest-growing childcare providers, operating over 230 centers in the U.S. and Canada, with continued expansion plans.
Description
NNN Pro is excited to offer the exclusive listing for BrightPath Early Learning at 20786 North Quentin Road, Kildeer, IL 60010. The property features approximately 11,000 rentable square feet on a 2.48-acre lot. It is leased under a 15-year Modified Triple Net (NNN) lease that began on 6/15/2025. The current annual rent is $495,000, with 2% annual scheduled increases.
Listing Details
- Cap Rate
6.9%
- Tenancy
Single
- Space Type
specialty
- Sub Category
school-educational-facility
- Date Listed
10/28/2025
- Ownership Info
Fee Simple
- Investment Type
Net Lease
- Net Operating Income
$495,000
Property Specifics
- Property Name
BrightPath Early Learning
- Year Built
2022
- Building Size
11,000 SF
- Lot Size
2.48 AC
- Occupancy
100%