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Child Care

Open Arms Childcare Learning Center

2640 Ashwin Blvd, Rockford, IL 61114

Listing Price: $1,822,000

Cap Rate
7.48%
Tenant Name
Open Arms Childcare Learning Center
Years Remaining On Lease
10.9
Guarantor
Personal Guarantee
Rentable SF
7,574
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.00

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single-tenant net-leased Open Arms Learning Center in Rockford, Illinois.

Investment Highlights

  • Brand New 12 Year Lease with Two, Five Year Options to Extend
  • Strategic Neighborhood Location, Attracting Many Local Residents for Childcare
  • Relocation of Existing Open Arms Childcare Learning Center

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Child Care

Open Arms Childcare Learning Center

Listing Price: $1,822,000

Cap Rate
7.48%
Tenant Name
Open Arms Childcare Learning Center
Years Remaining On Lease
10.9
Guarantor
Personal Guarantee
Rentable SF
7,574
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.00

Investment Highlights

  • Brand New 12 Year Lease with Two, Five Year Options to Extend
  • Strategic Neighborhood Location, Attracting Many Local Residents for Childcare
  • Relocation of Existing Open Arms Childcare Learning Center

Investment Overview

Marcus & Millichap is pleased to exclusively market for sale a single-tenant net-leased Open Arms Learning Center in Rockford, Illinois.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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