Child Care
Open Arms
2640 Ashwin Blvd, Rockford, IL 61114
Listing Price: $1,891,000
Cap Rate
7.50%
Tenant Name
Open Arms
Years Remaining On Lease
8.9
Gross SF
7,574
Guarantor
Corporate Guarantee
Rentable SF
7,574
Price/Gross SF
$249.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.73
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a 7,575 square foot childcare center in Rockford, IL.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
Listing Price: $1,891,000
Cap Rate
7.50%
Tenant Name
Open Arms
Years Remaining On Lease
8.9
Gross SF
7,574
Guarantor
Corporate Guarantee
Rentable SF
7,574
Price/Gross SF
$249.67
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.73
Investment Highlights
- Net Leased Childcare Learning Center Investment Property
- 8.75+ Years Remaining on Original 12-Year Triple Net Lease
- Strategic Childcare Location - Ideal Demographics
Investment Overview
Marcus & Millichap is pleased to exclusively offer for sale a 7,575 square foot childcare center in Rockford, IL.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Vice President/Regional Manager
