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7358 N Cherryvale Mall Dr 7,026 SF of Office/Retail Space Available in Rockford, IL 61112
HIGHLIGHTS
- IDEAL LOCATION, with high daily IDOT traffic counts surrounding location (approx): Perryville 19,900, Harrison 18,900, Bypass 20 50,900, I90 70,600.
- The space is largely open with 12 ft ceilings, and is bright and workable.
- Petland had occupied the building for approx 30 years. The vet clinic has leased the smaller side since 1996.
- Uniquely sits on 1.63 Acres, with green space, on a calmer yet very convenient and easy access location.
- Building Surface parking: 54+
- Long time owner recently completed refurbishments to the interior and exterior.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,026 SF | Negotiable | $8.37 /SF/YR $0.70 /SF/MO $58,808 /YR $4,901 /MO | TBD |
1st Floor
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Fits 18 - 57 People
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 7,026 SF | Gross Leasable Area | 7,026 SF |
| Property Type | Retail | Year Built | 1995 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7.69/1,000 SF |
| Total Space Available | 7,026 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,026 SF |
| Year Built | 1995 |
| Parking Ratio | 7.69/1,000 SF |
ABOUT THE PROPERTY
*** Now is the time! *** Commercial Lease, available by owner: Rockford IL, Winnebago County, 7026 sq ft for lease, 3 large areas with 12ft ceilings plus 3 offices, one with private bath with shower. Two large public restrooms rooms. Back secluded area with 2 large restaurant sized stainless steel sinks. Separate ample long finished storage or creative space. Private kitchen/break room. Back storage areas with lockers and second exit doors. This property was leased by Petland for 30 years, has been completely refurbished, and is ready for the next tenant. Plus potential option of leasing: Two over-sized garages: one 2+ and one 3+ stand alone, unheated. What this property offers: - GREAT LOCATION, convenient, right off Interstate 90, 39/51, Harrison, Bell School Rd, East State, Perryville Road and not far from Menard’s, Lowe’s, Sams Club, Hard Rock Casino, hotels, colleges, and the local Greater Rockford Airport. - The space is largely open with 12 ft ceilings, and is bright and workable. - Sits on 1.63 Acres, with green space. - Building Surface parking: 54+ - Fancy rock-face concrete block exterior, with impressive and bright private entry with vestibule. Additional Property Highlights: - Convenient location with high daily IDOT traffic counts surrounding location (approx): Perryville 19,900, Harrison 18,900, Bypass 20 50,900, I90 70,600. - Stand-alone building on 1.63 acres, set up as 2 separate leased spaces with ample parking, two exterior garages, and additional green space of opportunities. - Petland had occupied the building for approx 30 years. The vet clinic has leased the smaller side since 1996. Long time owner recently completed refurbishments to the interior and exterior. - Plans for the mall are in the early phase of discussions with the village. Lease Terms: 7026 sq foot (largest side, beside vet clinic): $4900/mo Security Deposit: $10,000 Terms TBD. Over-sized 2 Car Garage: additional $200/mo Over-sized 3 Car Garage: additional $500/mo Property taxes paid in 2024 were $13,608. Most Terms can be negotiated per the needs of a tenant. Subleasing allowed if approved in writing by owner. When is property available for lease? Immediately. What is required for a lease? -Credit check, financials, and background check will be requested -Security Deposit -History of past on time payment encouraged; past landlord referral letters a plus Contact Owner for Details: Charlotte, 321-749-4500, call and leave message, or text. Real Estate Agents: If you have an active tenant for this space, you are welcome to contact me. Please do not contact to list. Disclaimer: Accuracy is not guaranteed, so interested party(s) should verify all property information in this listing.
- 24 Hour Access
- Conferencing Facility
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Charlotte Kunzelman
7358 N Cherryvale Mall Dr
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