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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

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Shopping Strip

Taco Bell Strip Center

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

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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