Investment Overview

This mixed-use community center is anchored by a strong mix of national, service-based, and medical tenants including Dunkin’ with a drive-thru, Anytime Fitness, Ace Hardware, Edward Jones, and Addus Healthcare. The property has a long history of stability, with several tenants in place for decades—Ace Hardware (46 years), Dental Dimensions (28 years), Edward Jones (18 years), and Postal Shoppe (25 years). Retail space is over 91% occupied, offering value-add potential through leasing 13,550 square feet of vacancy and adjusting below-market rents, while the office component is 100% leased with minimal availability. Positioned at the high-traffic intersection of Alpine and Highcrest Roads, the center benefits from 33,600 vehicles per day, 1,371 feet of combined frontage, and nearly 978,000 visits in the past year, supported by an Anytime Fitness ranked among the top 15% nationally for visits. With more than 187,000 residents and 198,000 employees within five miles and proximity to Rockford University, OSF Saint Anthony Medical Center, and Mauh-Nah-Tee-See Country Club, the property is well located to attract consistent traffic and long-term demand.