- Photos
- 1 of 8
Schools For Sale • 87,501 SF
| LONG-TERM TENANCY WITH RECENT EXTENSION: Lincoln Technical Institute has operated at this site for 25+ yrs and recently signed a 10-yr lease extension |
| CORPORATE GUARANTY: Lease backed by Lincoln Educational Services Corporation (NASDAQ: LINC), a publicly traded and financially sound guarantor. |
| ATTRACTIVE ANNUAL RENTAL INCREASES: Lease includes 3.5% annual increases, exceeding market norms and ensuring steady income growth. |
| EXPANSIVE 9.1-ACRE SITE |
| PUBLICLY TRADED & STRONG MARKET PERFORMANCE |
| HIGH PROFILE RETAIL CORRIDOR/EXCEPTIONAL VISIBILITY & TRAFFIC COUNTS/NEAR MULTIPLE MANUFACTURING AND DISTRIBUTION FACILITIES |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Lincoln Tech |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Maywood Station (Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 5 min | - | 1.7 mi |
| River Grove Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra), North Central Service - Northeast Illinois Regional Commuter Railroad (Metra)) | 5 min | - | 1.9 mi |
| Airport | Drive | Walk | Distance |
| Chicago O'Hare International | 17 min | - | 8.5 mi |
| Chicago Midway International | 24 min | - | 13.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 512 |
| Type: | Surface |
| Included in Rent: | Yes |
