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615 S Rockford Ave
Rockford, IL 61104
Retail Property For Sale
Investment Highlights
- The shopping center is fully leased, providing a stable income stream.
- The location benefits from a combined 25,913 vehicles per day (VPD) passing by the intersection.
- The property features 100% NNN reimbursement for real estate taxes, insurance, common area maintenance, and management expenses.
- Located one hour from Chicago and Milwaukee suburbs.
- Current rents are significantly below market averages, offering potential for increased revenue.
- Neighbor tenants include Schnuck’s, McDonald’s, Edward Jones, Walgreens, AT&T, T-Mobile, Advance Auto Parts, Subway, Family Dollar, DG, Stockholm Inn.
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,865 SF
Building Class
C
Year Built
1972
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.76 AC
Zoning
C3
Parking
44 Spaces (3.42 Spaces per 1,000 SF Leased)
Frontage
260’ on S Rockford Ave
Amenities
- Signage
Property Taxes
| Parcel Number | 11-25-280-005 | Improvements Assessment | $148,599 |
| Land Assessment | $51,011 | Total Assessment | $199,610 |
Property Taxes
Parcel Number
11-25-280-005
Land Assessment
$51,011
Improvements Assessment
$148,599
Total Assessment
$199,610
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