Shopping Strip
Taco Bell Strip Center
1231 Caron Rd, Rochelle, IL 61068
Listing Price: $2,574,000
Cap Rate
8.41%
Gross SF
10,500
Rentable SF
10,500
Price/Gross SF
$245.14
Lot Size
1.27 acres
Year Built
2013
Investment Overview
Marcus & Millichap is pleased to present the Taco Bell Strip Center in Rochelle, Illinois.
Investment Highlights
- 90% Leased to Five Tenants, Complimentary and Diverse Tenant Mix
- Taco Bell, Verizon, and Midwest Dental Accounts for 44% of the GLA
- 2013 Block/Brick Construction with a Drive-Thru
- Serving Over 51,000 Residents in Ogle County, 25 Miles South of Rockford, 80 Miles East of Chicago
- Average Household Income Exceeds $90,000 in Primary Trade Area
- Outparcel to High-Performing Walmart Supercenter, Closest Walmart Over 18 Miles Away
- Just Off I-39 with 30,000 Cars/Day and Easy Access to I-88 with 20,600 Cars/Day
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago
Listing Price: $2,574,000
Cap Rate
8.41%
Gross SF
10,500
Rentable SF
10,500
Price/Gross SF
$245.14
Lot Size
1.27 acres
Year Built
2013
Investment Highlights
- 90% Leased to Five Tenants, Complimentary and Diverse Tenant Mix
- Taco Bell, Verizon, and Midwest Dental Accounts for 44% of the GLA
- 2013 Block/Brick Construction with a Drive-Thru
- Serving Over 51,000 Residents in Ogle County, 25 Miles South of Rockford, 80 Miles East of Chicago
- Average Household Income Exceeds $90,000 in Primary Trade Area
- Outparcel to High-Performing Walmart Supercenter, Closest Walmart Over 18 Miles Away
- Just Off I-39 with 30,000 Cars/Day and Easy Access to I-88 with 20,600 Cars/Day
Investment Overview
Marcus & Millichap is pleased to present the Taco Bell Strip Center in Rochelle, Illinois.
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
Senior Managing Director, Market Leader - Chicago