- For Sale $19,480,000
- Property Type Other
- Property Size 87,501 SF
- Lot Size 9.1 Acre
- Cap Rate % 6.85
- Parking Spaces Avail. 550
- Parking Ratio 6.29 / 1,000 SF
- Date Updated Dec 5, 2025
Description
Lincoln Technical Institute is a wholly owned subsidiary of Lincoln Educational Services Corporation (NASDAQ: LINC), a publicly traded company and recognized leader in career-focused education. Founded in 1946, Lincoln has built a national footprint with 22 campuses across 12 states, specializing in hands-on training for high-demand industries. With a market capitalization of approximately $542 million and a stock that has appreciated over 800% in the past five years, Lincoln offers investors a strong and reliable tenant backed by a financially sound guarantor.
CBRE’s Net Lease Property Group – Midwest is pleased to present to qualified investors the opportunity to acquire 100% fee interest in a freestanding Lincoln Technical Institute located in Melrose Park, IL. Lincoln Technical Institute, a subsidiary of publicly traded Lincoln Educational Services Corporation (NASDAQ: LINC), has operated at this Melrose Park location for nearly 25 years and recently committed to a new 10-year lease extension. The lease features a corporate guaranty and healthy 3.50% annual rental escalations. Strategically located on W. North Avenue with traffic counts exceeding 49,000 VPD, the site offers exceptional visibility and access. It sits adjacent to Winston Plaza, a top-performing retail center with over 5 million annual visitors, and is surrounded by more than 3 million square feet of industrial space, including major tenants like Amazon and DHL.
Flood Hazard
According to the flood hazard maps published by the FEMA, the site is within Zone X as indicated on Community Map Panel No. 17031C0389J dated August 19, 2008. Zone X, an area that is determined to be outside the 100-and 500-year floodplains.
Traffic Count
N. North Ave | 41,200 VPD
N. 1st Ave | 32,900 VPD
False
Contacts
CBRE
CBRE
CBRE
CBRE
CBRE