Investment Overview

Rockford, Illinois serves as the economic and commercial hub of Northern Illinois, strategically positioned along Interstate 90 approximately 90 miles northwest of Downtown Chicago and directly connected to major Midwest transportation corridors. The market benefits from strong regional accessibility throughout Northern Illinois and Southern Wisconsin, drawing consumers from Rockford, Loves Park, Belvidere, Machesney Park, Roscoe, and surrounding communities. The Property is positioned along East State Street near the Interstate 90 and Perryville Road interchange, one of the region’s most established retail corridors and primary consumer destinations. The immediate trade area features a dense concentration of national retailers and regional demand drivers including Walmart Supercenter, Costco, Target, Home Depot, CherryVale Mall, Aldi, Best Buy, HomeGoods, Burlington, Ross Dress for Less, and numerous restaurants, healthcare providers, and service-oriented businesses. This concentration of national tenancy generates significant daily traffic volumes, strong cross-shopping activity, and long-term consumer demand throughout the corridor. Rockford continues benefiting from significant industrial and logistics growth driven by the expansion of Chicago Rockford International Airport, one of the Midwest’s fastest-growing cargo and logistics hubs. Major regional employers including Amazon, Stellantis, General Mills, UPS, and numerous distribution and manufacturing operators support a large daytime population and continued economic activity throughout the market. The Property also benefits from proximity to major healthcare systems including Mercyhealth Javon Bea Hospital, OSF Saint Anthony Medical Center, and SwedishAmerican Hospital, which collectively generate substantial employment and consumer traffic. Dense surrounding residential communities, strong regional retail infrastructure, and continued commercial reinvestment throughout East Rockford support stable long-term fundamentals and position the corridor as one of the strongest retail destinations in the broader Northern Illinois region.