112-130 S State St | Belvidere, IL 61008
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- LoopNet Team
112-130 S State St
Belvidere, IL 61008
Riverside Plaza DG & Planet Fitness Anch · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 97% Occupied | New 10-Year Planet Fitness Lease | 2019 Remodel | Rental Increases | Recent Improvements
- Nearby National Tenants | Increases Consumer Traffic | Close Proximity to General Mills Plant (~530 Workers)
- Major Thoroughfare | Large Pylon Sign | Excellent Access
- Strong Demographics In 5-Mile Trade Area with More Than 34,000 Residents & 16,000 Employees
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
62,538 SF
Building Class
B
Year Built/Renovated
1971/2019
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
4.32 AC
Zoning
CB - Central Business
Parking
211 Spaces (3.37 Spaces per 1,000 SF Leased)
Frontage
199’ on State St
PROPERTY TAXES
| Parcel Number | 05-25-302-002 | Improvements Assessment | $319,711 |
| Land Assessment | $116,556 | Total Assessment | $436,267 |
PROPERTY TAXES
Parcel Number
05-25-302-002
Land Assessment
$116,556
Improvements Assessment
$319,711
Total Assessment
$436,267
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