Shopping Strip
Rockford Shopping Center
615 S Rockford Ave, Rockford, IL 61104
Listing Price: $817,000
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Rockford Shopping Center located in Rockford, Illinois. The subject property is a 100 percent occupied, 12,899-square-foot Shopping Center. Dense Demographics | 17,057 Residents within one-mile | 97,760 Residents within three-miles | 177,322 Residents within five-miles. Priced well-below replacement cost at $64 per square foot. 100 percent NNN Reimbursement of RET/INS/CAM/MGMT Expenses. Drastically below-market rents ($5.11 per square foot, NNN Average in $14 per square foot NNN Markets). Neighboring retail includes Schnuck’s, McDonald’s, Edward Jones, Walgreens, AT&T, T-Mobile, Advance Auto Parts, Subway, Family Dollar, Dollar General, Stockholm Inn, and more. Rockford serves as the county seat of Winnebago County | Fifth most populous city in Illinois | Incorporated as a City in 1852.
Rockford Shopping Center
Investment Highlights
- 100 Percent Occupied, 12,899-Square-Foot Shopping Strip in Rockford, Illinois
- Dense Demographics | 17,057 Residents Within One-Mile | 97,760 Residents Within Three-Miles | 177,322 Residents Within Five-Miles
- Priced Well-Below Replacement Cost at $64/SF
- 100 Percent NNN Reimbursement of RET/INS/CAM/MGMT Expenses
- Drastically Below-Market Rents ($5.11/SF NNN Average in $14/SF NNN Markets)
- Neighboring Retail Includes Schnuck's, McDonald's, Edward Jones, Walgreens, AT&T, T-Mobile, Advance Auto Parts, Subway, Family Dollar, Dollar General, Stockholm Inn, And More
- Rockford is Equidistant 1-Hour From Chicago and Milwaukee Suburbs
- Rockford Serves as the County Seat of Winnebago County | Fifth Most Populous City in Illinois | Incorporated as a City in 1852
Listing Price: $817,000
Investment Highlights
- 100 Percent Occupied, 12,899-Square-Foot Shopping Strip in Rockford, Illinois
- Dense Demographics | 17,057 Residents Within One-Mile | 97,760 Residents Within Three-Miles | 177,322 Residents Within Five-Miles
- Priced Well-Below Replacement Cost at $64/SF
- 100 Percent NNN Reimbursement of RET/INS/CAM/MGMT Expenses
- Drastically Below-Market Rents ($5.11/SF NNN Average in $14/SF NNN Markets)
- Neighboring Retail Includes Schnuck's, McDonald's, Edward Jones, Walgreens, AT&T, T-Mobile, Advance Auto Parts, Subway, Family Dollar, Dollar General, Stockholm Inn, And More
- Rockford is Equidistant 1-Hour From Chicago and Milwaukee Suburbs
- Rockford Serves as the County Seat of Winnebago County | Fifth Most Populous City in Illinois | Incorporated as a City in 1852
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Rockford Shopping Center located in Rockford, Illinois. The subject property is a 100 percent occupied, 12,899-square-foot Shopping Center. Dense Demographics | 17,057 Residents within one-mile | 97,760 Residents within three-miles | 177,322 Residents within five-miles. Priced well-below replacement cost at $64 per square foot. 100 percent NNN Reimbursement of RET/INS/CAM/MGMT Expenses. Drastically below-market rents ($5.11 per square foot, NNN Average in $14 per square foot NNN Markets). Neighboring retail includes Schnuck’s, McDonald’s, Edward Jones, Walgreens, AT&T, T-Mobile, Advance Auto Parts, Subway, Family Dollar, Dollar General, Stockholm Inn, and more. Rockford serves as the county seat of Winnebago County | Fifth most populous city in Illinois | Incorporated as a City in 1852.
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