Day Care Center Investment
435 Southtowne Dr Belvidere, IL 61008
For Sale
$1,400,000
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 Market113
Property Features for 435 Southtowne Dr
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Child Care
Listing Agency:
Chicago Oak Brook Office
(630) 570-2277
Listed By:
Matt Scales · License #IL: 475164713
(630) 570-2277
Source:
Marcusmillichap
Added: Apr 3
Changed: Jul 23
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
Location Intelligence
Current Use by Public Records
Wonder Joy Academy ...
Daycare Center
Similar Off Market Nearby
- Wonder Joy Academy - Belvidere IL — 435 Southtowne Dr, Belvidere, IL 61008
FAQs
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
