For Sale
$1,702,000
2640 Ashwin Blvd Rockford, IL 61114
Net-leased daycare, strong returns.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- 7.5+ years remaining on a single-tenant, net-leased daycare center in Rockford, IL, expiring 4/30/2032, with 2% annual rent increases and two 5-year renewal options.
- Strong location with over 18,947 households within a three-mile radius, averaging $98,451 household income; 13% of Rockford's 147,684 residents are under age nine.
- Tenant, Open Arms Early Learning Childcare Center, has operated in the Rockford area since 2001, occupying the subject property since 2020.
- Rockford, IL, is the fourth largest city in Illinois, centrally located between Chicago and Milwaukee.
Property Details for 2640 Ashwin Blvd
- Property type
- Day care centers & nurseries, Retail properties
- Square Feet
- 7,574 SF
- Year Built
- 2020
- Buildings
- 1
- Lot Size (sq. ft)
- 40,511 SF
- Units
- 1
Location Insight
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Latitude
- 42.29758853
- Longitude
- -88.9813929
Nearby Similar for Sale
FAQs
- What type of property is this?
- Day care center & nursery - Net-leased daycare, strong returns.
- Where is the day care center & nursery located?
- The property is located at 2640 Ashwin Blvd Rockford, IL.
- What is the asking price?
- The asking price for this property is $1,702,000.
- What are key features of this property?
- This property features: 7.5+ years remaining on a single-tenant, net-leased daycare center in Rockford, IL, expiring 4/30/2032, with 2% annual rent increases and two 5-year renewal options.; Strong location with over 18,947 households within a three-mile radius, averaging $98,451 household income; 13% of Rockford's 147,684 residents are under age nine.; Tenant, Open Arms Early Learning Childcare Center, has operated in the Rockford area since 2001, occupying the subject property since 2020.
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