Wonder Joy Academy — Sale in Belvidere, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Belvidere, IL 61008

Photos

Wonder Joy Academy — Sale in Belvidere, IL, photo 1 of 3
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Wonder Joy Academy — Sale in Belvidere, IL, photo 3 of 3

Investment Figures

Cap rate
9.60%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

This triple net investment opportunity is well suited for an investor looking to add value and cashflow to their investment portfolio. The existing tenant, Wonder Joy Academy, is in the middle of a 10 year base term that includes two, five-year renewal options. The base rent maintains 2 percent annual increases year-over-year. This opportunity is adjacent to two other commercial properties listed with Marcus & Millichap affording a potential buyer the ability assemble a handful of properties within steps of each other. Investment Highlights: • 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

Market Context

This retail in Belvidere, IL is listed for sale. It is offered at an approximate 9.6% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Belvidere, IL — view the full market.

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