This document summarizes a net leased investment offering for a single tenant La Petite Academy property located in Plainfield, Illinois. The 9,960 square foot building was constructed in 1999 and is leased to La Petite Academy through November 2019 with two 5-year renewal options. The property benefits from a 9% rental escalation in 2014 and in each renewal period. It is located within a retail corridor near several national tenants. The area has strong demographics with a young population and is part of the growing Chicago metropolitan area.

1. NET LEASED INVESTMENT OFFERING
La Petite Academy
2345 South Route 59
Plainfield, Illinois 60544 (Chicago MSA)
www.bouldergroup.com

2. 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
www.bouldergroup.com

3. 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.
www.bouldergroup.com

4. EXECUTIVE SUMMARY
NET LEASED INVESTMENT OFFERING
EXECUTIVE SUMMARY
The Boulder Group is pleased to exclusively market for sale a single tenant La Petite Academy property located
within the Chicago MSA. The 9,960 square foot building was constructed in 1999 and is located in Plainfield,
Illinois, a community with 22% more children under the age of five than the national average. The corporately
guaranteed lease has six years remaining and features a 9% rental escalation in November 2014. There are two
5-year renewal option periods with 9% rental escalations in each. La Petite Academy is a privately owned company
with over 500 locations in 34 states and the District of Columbia. La Petite Academy is part of the Learning Care
Group. They are one of the largest providers of early childcare in the world and have over 900 locations nationwide.
The subject property is located southwest of the signalized intersection of State Highway 59 and Caton Farm Road.
State Highway 59 and Caton Farm Road are two primary thoroughfares in the Plainfield community with traffic
counts in excess of 24,000 and 26,500 respectively. Interstate 55, which has traffic volumes in excess of 75,000
vehicles per day, is located approximately one mile east of the property. The property is located approximately 40
miles southwest from downtown Chicago and there are over 165,000 people living within five miles of the property.
The area is home to many young families and 7.8% of the population living within five miles is under the age of
five. This is significantly higher than the US average of 6.4%. Additionally, 16.8% of the population living within
three miles of the subject property is under the age of nine. The property is located within a major retail corridor
with many national and local tenants in the immediate vicinity. The property shares access with a Walgreens and
Aldi. Other notable retailers in the immediate area include Kohl’s, Jewel Osco, McDonald’s, BMO Harris Bank, Ace
Hardware, PNC Bank, and Panera.
La Petite Academy’s original, corporately guaranteed, net lease is for twenty years and expires in November 2019.
There is a 9% rental escalation in November 2014 and in each of the two 5-year renewal option periods. La Petite
Academy is a privately held company with over 500 locations nationwide and is part of the Learning Care Group.
The Learning Care Group is the second-largest for-profit child care provider in North America.
INVESTMENT HIGHLIGHTS
• Located within the Chicago MSA
• 9% rental escalation in November 2014 (8.95% cap rate) and in each of the renewal option periods
• Zero landlord responsibilities
• Located at the intersection of two primary thoroughfares with combined
traffic counts in excess of 50,000 VPD
• Located in an area populated with 22% more children under the age of
five than the national average
• Tenant is part of the 2nd largest for-profit child care company in North
America
• Located within a dense retail corridor with many national tenants such as Kohl’s, Jewel Osco, Walgreens, Aldi,
McDonald’s, BMO Harris Bank, Ace Hardware, & PNC Bank
www.bouldergroup.com

5. PROPERTY OVERVIEW
NET LEASED INVESTMENT OFFERING
PROPERTY OVERVIEW
Price:
$2,457,000
Current Cap Rate:
8.21%
November 2014 Cap Rate:
8.95%
Rent Schedule:
NOI
$201,813
$219,975
$239,773
$261,352
Escalation Date
11/9/2014
11/9/2019 (Option 1)
11/9/2024 (Option 2)
Renewal Options:
Two 5-Year
Lease Commencement Date:
November 9, 1999
Lease Expiration Date:
November 8, 2019
Tenant:
La Petite Academy (Corporate)
Year Built:
1999
Lease Type:
NNN
Building Size:
9,960 SF
Land Size:
44,867 SF
www.bouldergroup.com

6. AERIAL
NET LEASED INVESTMENT OFFERING
N
AERIAL
ROUTE 59
23,900 VPD
CATON FARM ROAD
26,800 VPD
www.bouldergroup.com

7. SITE PLAN
NET LEASED INVESTMENT OFFERING
SITE PLAN
N
CATON FARM ROAD
BP
GAS
DISPENSERS
www.bouldergroup.com
ROUTE 59
STRIP
CENTER

8. MAPS
NET LEASED INVESTMENT OFFERING
MAPS
www.bouldergroup.com

9. TENANT PROFILE
NET LEASED INVESTMENT OFFERING
TENANT PROFILE
La Petite Academy was established in 1968 as a pioneer in education-based day care, setting the standard for early
childhood education. Today, La Petite Academy operates over 500 schools nationwide in 34 states and the District of
Columbia. They offer a range of educational and care programs for children of all ages — from infants to school-age
children who come to the Academy before and after school. Headquartered in Novi, Michigan, each of their schools is
licensed by the state where it operates. Each adheres to the highest standards of safety, security, cleanliness, teaching
and loving care.
The Learning Care Group, Inc. is the second-largest for-profit child care provider in North America. In total, Learning Care
Group operates more than 900 corporate and franchise schools across the country and world. They have the capacity
to serve more than 100,000 children between the ages of six weeks and 13 years old. Additionally, they employ over
17,000 directors and teachers. Childtime Learning Centers, Tutor Time Child Care, The Children’s Courtyard, Montessori
Unlimited, and La Petite Academy make up the Learning Care Group’s family of brands.
Website:
Number of La Petite Academy Locations:
Headquarters:
Parent Company:
Number of Learning Care Group Locations:
www.lapetite.com
500+
Novi, MI
Learning Care Group, Inc.
900+
www.bouldergroup.com

10. DEMOGRAPHIC COMPARISON REPORT
NET LEASED INVESTMENT OFFERING
DEMOGRAPHIC COMPARISON REPORT
Population
1-mi
3-mi
5-mi
Total Population
Total Households
9,189
2,827
74,138
23,349
165,795
55,631
$88,856
$95,628
$81,057
$90,514
$73,250
$84,586
Income
Median Household Income
Average Household Income
www.bouldergroup.com

11. LOCATION OVERVIEW
NET LEASED INVESTMENT OFFERING
LOCATION OVERVIEW
Plainfield is the fastest growing village in Will County, Illinois with a 2012 US Census
estimated population of 40,466. Based on estimates created by the village and state
governments, Plainfield’s population is expected to continue to grow and could exceed
62,000 by 2030. Plainfield is home to many young families as evidenced by the 16.8%
of the population living within 3 miles of the La Petite Academy property being under the
age of 9. Interstate 55 travels through Plainfield as well as US Highway 30 and Route 59.
www.plainfield-il.org
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 traffic movement.
The metro is also 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
www.bouldergroup.com

12. CONTACT INFORMATION
NET LEASED INVESTMENT OFFERING
CONTACT INFORMATION
666 Dundee Road, Suite 1801
Northbrook, IL 60062
Randy Blankstein
President
847.562.0003
rblank@bouldergroup.com
Jimmy Goodman
Partner
847.562.8500
jimmy@bouldergroup.com
www.bouldergroup.com