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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.

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

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Vice President/Regional Manager

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

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

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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