2607-2693 20th St - Storefront Retail/Office FOR SALE


Rockford, IL 61109- Outer South Rockford
$815,000 USD
630-330-3352
2607-2693 20th St, Rockford, IL for Sale
$815,000 USD
Storefront Retail/Office - FOR SALE
1/138
null | 9.3% Cap Rate

2607-2693 20th St
Rockford, IL 61109
Outer South Rockford


HIGHLIGHTS

  • ±11,408 SF Two-Building Retail Center
  • 11 Units | 89.5% Leased
  • 1 Unit Available for Lease
  • Frontage on 20th Street
  • Plenty of Parking

OVERVIEW

SVN is pleased to exclusively represent Rock Point Mall, a value-add retail strip center opportunity at 2607-2693 20th Street in Rockford, Illinois. This 11-unit retail strip mall has a variety of local businesses, 89.5% leased, and one available unit, ±1,200 SF with frontage on 20th Street directly across from Aldi grocery. Pylon and facade signage. Priced below replacement cost.

FOR SALE DETAILS

PRICE

$815,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

9.3%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rock Point Mall

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C-3

APN/PARCEL ID

15-01-228-029

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.