6779 E State St | Rockford, IL 61108
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6779 E State St
Rockford, IL 61108
Storming Crab Restaurant · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,955 SF
Building Class
C
Year Built
1991
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.29 AC
Zoning
C
Parking
84 Spaces (14.33 Spaces per 1,000 SF Leased)
Frontage
ABOUT 6779 E STATE ST , ROCKFORD, IL 61108
The Subject Property consists of a recently remodeled free-standing Storming Crab seafood restaurant on a premier signalized corner in Rockford, IL. The Lease offers a brand new 15-year and 9-month primary term with 10.00% rental increases every five years. The Tenant handles all maintenance, repairs, and replacements, making this a true absolute NNN investment with no Landlord maintenance obligations whatsoever.
PROPERTY TAXES
| Parcel Number | 12-22-477-005 | Improvements Assessment | $292,341 |
| Land Assessment | $196,545 | Total Assessment | $488,886 |
PROPERTY TAXES
Parcel Number
12-22-477-005
Land Assessment
$196,545
Improvements Assessment
$292,341
Total Assessment
$488,886
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