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5946 E State St 9,000 SF 100% Leased Retail Building Rockford, IL 61108 $3,500,000 ($388.89/SF) 6.95% Cap Rate



INVESTMENT HIGHLIGHTS
- Within a five mile radius of the property, there are +/-153,502 people.
- The property is situated in a highly sought after retail corridor and it sits directly on a hard corner of a 4-way signalized intersection with access
- The traffic count at the site is approximately 33,600/day on E. State St. and 23,000/day on N. Mulford Rd.
- The Tenants, The Vitamin Shoppe, Stanton Optical and iCryo are under long term hybrid NNN leases.
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- iCryo
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
Mattress Firm, the nation’s largest omni-channel mattress specialty retailer, through its predecessors, has been helping solve America’s sleep problems for numerous years. Every one of their passionate Sleep Experts are driven by a common purpose: to change people’s lives through better sleep. Whether browsing online or in one of our various stores, their highly trained team provides personalized service and advice to help customers choose the right mattress and bedding products based on their unique needs. Their expertly curated selection of products includes leading brands such as Beautyrest®, Nectar®, Sealy®, Serta®, Simmons®, Sleepy’s® Stearns & Foster®, Tempur-Pedic®, Tuft & Needle®, tulo®, and Purple®. Mattress Firm supports local and national charities through product and monetary donations and offers employee volunteering opportunities to serve their communities.
Founded in 1977, The Vitamin Shoppe is a privately held specialty retailer headquartered in Secaucus, New Jersey. The company offers a wide range of nutritional products including vitamins, minerals, sports nutrition, herbs, and natural beauty items. It operates through both physical retail stores and a robust e-commerce platform. The Vitamin Shoppe was acquired by Kingswood Capital Management and Performance Investment Partners in May 2025. As of 2025, the company maintains over 670 store locations across the United States. The Vitamin Shoppe is known for its proprietary brands such as BodyTech, plnt, and Vthrive, and emphasizes rigorous quality assurance across its product lines.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| iCryo | Retailer | 99,999 SF | - | Lorem Ipsum | - | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | - | |
|
Retailer | 99,999 SF | - | Lorem Ipsum | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-28-226-009 | Improvements Assessment | $262,232 |
| Land Assessment | $136,229 | Total Assessment | $398,461 |
PROPERTY TAXES
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5946 E State St
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