Child Care
Wonder Joy Academy
435 Southtowne Dr, Belvidere, IL 61008
Listing Price: $1,400,000
Investment Overview
This triple net investment opportunity is well suited for an investor looking to add value and cashflow to their investment portfolio.
The existing tenant, Wonder Joy Academy, is in the middle of a 10 year base term that includes two, five-year renewal options. The base rent maintains 2 percent annual increases year-over-year.
This opportunity is adjacent to two other commercial properties listed with Marcus & Millichap affording a potential buyer the ability assemble a handful of properties within steps of each other.
Exclusively Listed By
Listing Price: $1,400,000
Investment Highlights
- Long Term Daycare Tenant Investment Property
- Triple Net Lease Structure with Limited Landlord Responsibility
- Less than a Mile Away from Chrysler Assembly Plant Scheduled to Ramp Up Operations in 2027
Investment Overview
This triple net investment opportunity is well suited for an investor looking to add value and cashflow to their investment portfolio. The existing tenant, Wonder Joy Academy, is in the middle of a 10 year base term that includes two, five-year renewal options. The base rent maintains 2 percent annual increases year-over-year. This opportunity is adjacent to two other commercial properties listed with Marcus & Millichap affording a potential buyer the ability assemble a handful of properties within steps of each other.
Exclusively Listed By
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