7143 E State St | Rockford, IL 61108
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- LoopNet Team
7143 E State St
Rockford, IL 61108
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The Property is 100% leased and generates a NOI of approximately $1,014,825
- Well located within Rockford's primary commercial corridor and less than a mile from Interstate 90 (I-90)
- All three (3) Tenants are on NNN leases and have term through at least 2031
- Surrounded by big box and national retailers Wal-Mart Supercenter, Sam’s Club, Home Depot, Lowes Home Improvement, Target, Kohl’s, Dick’s, & PetSmart
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
110,725 SF
Building Class
B
Year Built/Renovated
1990/2022
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.30
Lot Size
8.38 AC
Zoning
N/Av, Rockford
Parking
445 Spaces (3.36 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 12-23-351-008 | Improvements Assessment | $2,354,697 |
| Land Assessment | $666,627 | Total Assessment | $3,021,324 |
PROPERTY TAXES
Parcel Number
12-23-351-008
Land Assessment
$666,627
Improvements Assessment
$2,354,697
Total Assessment
$3,021,324
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