BOULDER GROUP COMPLETES $2.4M SALE OF SINGLE-TENANT PROPERTY NEAR CHICAGO

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PLAINFIELD, ILL. — The Boulder Group has completed the $2.4 million sale of a single-tenant property leased to La Petite Academy in Plainfield. The childcare facility is located at 2345 S. Route 59, approximately 37 miles southwest of Chicago. La Petite Academy has more than five years remaining on its triple-net lease, which features a 9 percent rental escalation in November 2014. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller, a private investor, in the transaction. The buyer was a high-net-worth individual located in the Midwest. The children’s learning center is the sole occupant of the 9,960-square-foot retail building, which is located on a 44,867-square-foot parcel. Learning Care Group Inc., the second largest for profit childcare provider in North America, owns La Petite Academy.

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