Day Care Center Investment
For Sale
$1,400,000
435 Southtowne Dr, Belvidere, IL 61008
Triple-net day care investment with a tenant in a 10-year base term and two 5-year renewal options.
Property Size6,000 SF
Price / SF$233.33
Days on Market159
Property Features for 435 Southtowne Dr
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Child Care
Lease Type
NNN
Additional Details
Cap Rate
9.6%
Amenities
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
Building Details
Building Size
6,000 SF
Listing Agency:
Chicago Oak Brook Office
(630) 570-2200
Listed By:
Matt Scales · License #IL: 475164713
(630) 570-2277
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 8
Last Checked: Jul 23 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicago Oak Brook Office
Investment Insights
Based on property information with market context.
This triple-net investment opportunity features a day care center currently occupied by Wonder Joy Academy. The tenant is in the middle of a 10-year base term that includes two, five-year renewal options. The base rent provides 2 percent annual increases year-over-year, supporting predictable rent growth over the term of the lease.
The property is located at 435 Southtowne Dr in Belvidere, IL. It is adjacent to two other commercial properties also listed with Marcus & Millichap, which may appeal to a buyer seeking the ability to assemble multiple properties in close proximity.
The investment is structured as a triple-net offering with in-place tenancy and contractually defined renewal rights, providing an owner the opportunity to participate in cash flow under the existing lease framework.
The property is located at 435 Southtowne Dr in Belvidere, IL. It is adjacent to two other commercial properties also listed with Marcus & Millichap, which may appeal to a buyer seeking the ability to assemble multiple properties in close proximity.
The investment is structured as a triple-net offering with in-place tenancy and contractually defined renewal rights, providing an owner the opportunity to participate in cash flow under the existing lease framework.
Key Highlights
- Triple‑net day care investment with tenant Wonder Joy Academy in a 10‑year base term
- 10‑year base term includes two 5‑year renewal options
- Base rent includes 2% annual increases year over year
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
187
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 61008, IL
33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value
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Similar Off Market Nearby
- Wonder Joy Academy - Belvidere IL — 435 Southtowne Dr, Belvidere, IL 61008
Frequently Asked Questions
What type of property is this?
Day care center - Triple-net day care investment with a tenant in a 10-year base term and two 5-year renewal options.
Where is this day care center located?
The property is located at 435 Southtowne Dr Belvidere, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Triple‑net day care investment with tenant Wonder Joy Academy in a 10‑year base term; 10‑year base term includes two 5‑year renewal options; Base rent includes 2% annual increases year over year
