5621-5683 Wansford Way
Rockford, IL 61109
Wansford Crossing · Retail Property For Sale

Marcus & Millichap is pleased to present the Wansford Crossing retail center in Rockford, Illinois. The property is a one story, 13,200-square foot, brick construction building with seven suites. The property is well located on a hard corner with excellent visibility and two sources of ingress and egress. Wansford Crossing is situated on approximately 1.47 acres and features approximately 65 parking spots. Wansford Crossing has been well maintained by current ownership and with the current cash flows should provide stable income for a new owner for many years to come. Wansford Crossing features a diverse tenant mix with two local restaurants anchoring the property and a variety of retail tenants in the remainder of the space. With the current leases in place, a new investor will acquire a property that features 54% of the space leased through 2023. Rockford is the 3rd largest city in Illinois and In 2017, the average household income was $72,218 within a one mile radius of the subject property. The population within a 5 miles radius of this property is approximately 117,000 people. The Rockford MSA features a population of ~350,000 people per the 2010 census. Rockfords cheap cost of living and low housing cost makes it a great place to do business outside of Chicago. The Rockford region is home to four separate tier-one Aerospace companies and is the largest center of aerospace production in Illinois and ranks #6 in the US for aerospace production