1437-1491 BELL SCHOOL RD S

Office for Sale
Catylist Listing ID: 30021038
Property Subtypes: Executive Suites, Medical, Net Leased, Office Building, General
Building Size (RSF): 20,000 SF
Gross Building Area: 25,000 SF
Gross Land Area: 103,152 SF
Sale Price: $1,200,000
Unit Price: $60 PSF
Ceiling: 8 ft.
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Bell School Professional Buildings
Class of Space: Class B
Usable Size (USF): 20,000 SF
Sale Terms: Cash to Seller
Last Updated: 9/23/2020

Overview / Comments

PROFESSIONAL OFFICE SPACE AVAILALBE NEAR CHERRYVALE MALL.

EASY ACCESS TO I-90 OR E. STATE STREET.

LEASES TERMS ARE NNN.

MAIN LEVEL IS $8.00 NNN

LOWER LEVEL IS $7.00 NNN.

CAM@4.50

TOTAL REAL ESTATE TAX FOR 2018 $32,037.10

Financials

Finance Data Year 2018
Real Estate Taxes - Annual($) $32,037 (Annual)

Current Tenants

Tenant Business Name Edward Jones Investments
Tenant Business Name Brassfield, Krueger & Ramlow Law Office
Tenant Business Name Farmers Insurance Company
Tenant Business Name Lindsten Denistry
Tenant Business Name Thrivant Financial

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford Township
Tax ID/APN: 12-26-382-005
Zoning: LIMITED OFFICE DISTRICT
Market Type: Medium
Property Located Between: I-90 & Perryville Road
Side of Street: Northwest
Road Type: Paved
Property Visibility: Excellent
Transportation: Bus, Highway, Taxi
Highway Access: 1 mile to HWY 20 1 mile to Bypass HWY 20 2 miles to I-90
Airports: Chicago Rockford International Airport
Site Description: Property consists of 3 office buildings; 2 with 10,000 gross sq. ft. 1 with 5,000 gross sq. ft.
Area Description: Mixed use of commercial, retail, single family residential and near major highways and interstate access.
Total Number of Buildings: 3
Number of Stories: 1
Typical SF / Floor: 5,000 SF
Year Built: 1989
Year Renovated: 2016
Roof Type: Gable
Construction/Siding: Brick
Exterior Description: Brick office buildings, professionally landscaped. Handicap accessible on all floors. Roof is shingled.
Parking Ratio: 7 (per 1000 SF)
Parking Type: Surface
Parking Description: Blacktop
Total Parking Spaces: 114
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: Cable
Interior Description: Several offices per floor with restrooms on each floor. Common area corridors between offices.
Zoning Description: Cherry Valley OF
Lot Frontage: 548
Lot Depth: 395
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: NEWBURG PROPERTIES, LLC
Legal Description: IN OFFICE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,408 39,509 121,457
Median Age: 50.05 43.78 41.24
Households: 3,090 16,100 49,667

Contact

Photograph of Listing Agent

Tom Ewing CCIM CPM RPA MCR

KELLER WILLIAMS REALTY SIGNATURE CMCPEX Member
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