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1608 N Bell School Rd 1602-1650 N Bell School Rd

10,000 SF 100% Leased Retail Building Rockford, IL 61107 £1,398,897 (£140/SF) 8% Net Initial Yield

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Executive Summary

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 lease showing commitment to the space. Restaurant equipment is owned by the landlord and cost roughly $650,000 at the time of purchase. Over 71 percent of the center’s leases do not renew until 2028.

Bell School Plaza-OM