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4425 Harrison Ave 23,670 SF 50% Leased Office Building Rockford, IL 61108 $2,700,000 ($114.07/SF) 10% Cap Rate
Executive Summary
.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
23,670 SF
Building Class
B
Year Built
1986
Price
$2,700,000
Price Per SF
$114.07
Cap Rate
10%
NOI
$270,000
Percent Leased
50%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
7,890 SF
Building FAR
0.35
Lot Size
1.57 AC
Zoning
C3
Parking
70 Spaces (2.96 Spaces per 1,000 SF Leased)
Amenities
- Banking
- Bus Line
- Property Manager on Site
- Security System
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
• Current Lease Expires: 8/31/2027 • Sublease Asking Price: $12.00 PSF Gross • Available Space: +/- 7,477 SF • Parcel 1: +/- 1.57 AC • Parcel 2: +/- 0.47 AC • Parking Spaces: +/- 60
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 7,477 SF | Retail | - | Now |
1st Floor
| Size |
| 7,477 SF |
| Space Use |
| Retail |
| Condition |
| - |
| Available |
| Now |
1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 7,477 SF |
| Space Use | Retail |
| Condition | - |
| Available | Now |
• Current Lease Expires: 8/31/2027 • Sublease Asking Price: $12.00 PSF Gross • Available Space: +/- 7,477 SF • Parcel 1: +/- 1.57 AC • Parcel 2: +/- 0.47 AC • Parking Spaces: +/- 60
1 1
Property Taxes
| Parcel Number | 16-05-131-013 | Improvements Assessment | $249,167 |
| Land Assessment | $84,907 | Total Assessment | $334,074 |
Property Taxes
Parcel Number
16-05-131-013
Land Assessment
$84,907
Improvements Assessment
$249,167
Total Assessment
$334,074
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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4425 Harrison Ave
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