Rockford plaza FOR LEASE

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Rockford plaza FOR LEASE

  1. 1. ROCKFORD PLAZA ROCKFORD, IL FOR LEASE MEMORANDUMCONTACT: ANAND BHATT – aabhatt@gmail.com
  2. 2. ROCKFORD PLAZAROCKFORD, IL Property Overview Located on the ever popular State Street next to downtown Rockford, were happy to provide the opportunity for a retail operation to lease space at a business-friendly rate from a conscientious landlord. Formerly a popular Big Lots store. Now is the time for potential tenants to secure the space for themselves. This highly trafficked location is ideal for any retail operation. With an average daily traffic count of approximately 30,000 cars per day, this is an ideal location for your retail operation. The space shares the same lot as The Secretary of State Drivers License Facility, Dominos Pizza, the San Jose Cultural Center, Ballys, L.A. Tan, Family Dollar and more. It is also across the street from Taco Bell and the popular Bowling Alley. Rockford is a major city located on both banks of the Rock River in far northern Illinois (just NW of Chicago). Rockford is often referred to as "The Forest City" and is the county seat of Winnebago County, Illinois, USA. As reported in the 2000 U.S. census, the city was named the third-largest city in Illinois after Chicago and Aurora. The metropolitan area has 339,178 residents as of the 2000 census. During the latter part of the 20th century Rockford was the second largest city in Illinois.
  3. 3. ROCKFORD PLAZA ROCKFORD, IL Offering Summary Asking Rent $5 Sqft, NNN (negotiable for leases longer than 5 years) Gross Square Feet 30,395 (divisible and expandable) READY FOR RETAIL 3CONTACT ANAND BHATT - AABHATT@GMAIL.COM
  4. 4. ROCKFORD PLAZAROCKFORD, ILANNUAL NNN EXPENSES – ONLY $1.47 per Square Foot! NNN EXPENSES RE Taxes $65,596.00 Insurance $3,770.00 Maintenance $4,800.00 Landscaping $1,350.00 Snow Removal $6,056.00 Parking Lot Sweeping $6,000.00 Security/Alarm $1,150.93 Water & Sewer $2,918.19 Electric $2,238.64 Management $18,000.00 Total CAM $46,283.76 Total Expenses $111,879.76 NNN Share (.40 proration) $44,751.90 Per Square Foot Cost $1.47
  5. 5. ROCKFORD PLAZAROCKFORD, IL Approximately 30,000 cars per day! Average Daily Traffic Count 12
  6. 6. ROCKFORD PLAZAROCKFORD, IL Aerial Photo 12
  7. 7. ROCKFORD PLAZARETAIL BUILDINGROCKFORD, ILFOR LEASE MEMORANDUMCONTACT: ANAND BHATT aabhatt@gmail.com

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