Investment Overview

The Bell School Plaza is a 10,000-square foot shopping center constructed in 2005, and situated on 1.31 acres in Rockford, Illinois. Bell School Plaza is 100 percent occupied with a great mix of internet resistant and service-oriented tenants. There is a total of nine retail units that are occupied by Vanakkam India, PRIM Salon, J Pilates, and Verace Appraisal. Vanakkam India is an anchor tenant in the center and just signed a new five-year extension showing commitment to the space. Restaurant equipment is owned by the landlord and cost roughly $650,000 at the time of purchase. Over 61 percent of the center’s leases do not renew until 2028. Rockford Illinois is the largest city in Illinois outside of the Chicago MSA and the third largest city in the state of Illinois. Rockford sits in the northern part of the state 80 miles northwest of Chicago near the Wisconsin boarder. The City of Rockford's population is 146,000 with around 40,000 living within three miles of this center. The Bell School Plaza is off the I-90 highway which has the highest traffic counts in the county. This center sits right on N Bell School Road kitty corner to Rockford Christian School and near Meijer, Bellwood Animal Hospital, Holiday Inn.