SlideShare a Scribd company logo
ROCKFORD
                                            PLAZA



                                            ROCKFORD,
                                            IL




                                             OFFERING
                                            MEMORANDUM




EXCLUSIVE LISTED BY:   ANAND BHATT – aabhatt@gmail.com
ROCKFORD PLAZA
ROCKFORD, IL


               Investment overview


               We are pleased to present this multi-tenant prime opportunity in Rockford, IL.
               This property provides an investor the opportunity to purchase a well established and
               frequently trafficked construction with net-leases. THIS PROPERTY HAS FREQUENT
               INCREASES IN NET INCOME, SO PURCHASE NOW BEFORE THE PRICE GOES UP
               YET AGAIN.

               Qualified buyers are extended the opportunity to acquire a rarely available, well leased,
               75,302 square foot Retail
               Strip Center that also boasts upside potential. Rockford Shopping Center is located on
               busy E. State St.
               in the established and rapidly-growing community of Rockford, Illinois.
               The property boasts a consistently strong rental history with a variety
               of Highly Accredited Tenants on well written leases. Investors will
               notice that this Rockford Shopping Center has a unique ability to
               accommodate its tenants needs for growth, giving the property
               its enormous upside potential. Given its centralized location, visibility, and
               traffic count, in addition to an abundance of surrounding residential
               developments, this property proves to be ideal for any investor.
               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.
ROCKFORD PLAZA
                ROCKFORD, IL


                Offering Summary
                Price                                      $3,032,800
                Gross Square Feet                                75,302




                VITAL DATA
                                                  CAP Rate - Actual 9.0%
                                                  Net Operating Income - Current $272,952




Th is in f orm a t io n ha s be e n se c ur e d f ro m sou rc e s w e be l ie v e t o be re l i a bl e, but w e ma ke no r ep re s e nt a t i on s or w a r ra nt i e s , e xpr e ss e d
i m pl i e d, as t o t h e acc u rac y of t he i nfo rmat i on . R efe r e nc e s t o sq uar e foot ag e or age are ap p roxi ma t e . Bu ye r mu st v e ri f y t h e
i n f orm a t io n a nd b e a rs a l l r is k f or a ny i n a cc u ra c ie s . AB Commercial
CONTACT ANAND BHATT - AABHATT@GMAIL.COM
                                                                                                                                                      3
ROCKFORD PLAZA
ROCKFORD, IL


Rent Roll

                                                                              Total
                                                           Taxes
                           Base Rent    CAM Income                           Monthly     Proration                             Lease
                                                       Reimbursement
                 Tenants    Income                                            Rent        Factor     Sq. Ft     Start Date    Expires


 Secretary of State         $4,357.50      $1,807.50            $420.00      $6,585.00      0.0598      4500         Mar-01   Feb-12

 Vacant (former Big
 Lots)                         $0.00          $0.00               $0.00         $0.00       0.4036    30395    n/a            n/a


 Family Dollar              $4,541.67         $0.00               $0.00      $4,541.67      0.1087      8182         Jul-02    Jul-12


 Aarons Furniture           $5,000.00       $820.45            $1,155.86     $6,976.31      0.1464    11025          Feb-03   Feb-15

 San Jose Cultural
 Center                     $7,000.00         $0.00               $0.00      $7,000.00      0.1339    10080          Jun-10   Sep-13
 Certaire Tech
 (storage)                  $2,780.00         $0.00               $0.00      $2,780.00      0.1477    11120    mtm            mtm

                  TOTAL    $20,899.17                                      $25,102.98                 75302




                                              INCOME
                                              Total Annual Rent               $301,235.76

                                              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

                                              Total CAM                        $28,283.76

                                              Total Expenses                   $93,879.76

                                              Net Operating Income               $272,952
ROCKFORD PLAZA
ROCKFORD, IL




                 Average Daily Traffic Count




                                               12
ROCKFORD PLAZA
ROCKFORD, IL




                 Aerial Photo




                                12
ROCKFORD PLAZA
RETAIL BUILDING
ROCKFORD, IL



OFFERING MEMORANDUM

EXCLUSIVE LISTED BY:

 ANAND BHATT
 aabhatt@gmail.com
 209-975-SELL

More Related Content

What's hot

The Best Plan You Never Heard of
The Best Plan You Never Heard ofThe Best Plan You Never Heard of
The Best Plan You Never Heard of
Bryan Daly
 
Borrw Deck
Borrw DeckBorrw Deck
Borrw Deck
borrw
 
2006Q3 google earnings
2006Q3 google earnings2006Q3 google earnings
2006Q3 google earnings
QuarterlyEarningsReports
 
Tax Deferred Investing
Tax Deferred InvestingTax Deferred Investing
Tax Deferred Investing
hlazarus
 
Fedex b 2up
Fedex b 2upFedex b 2up
Fedex b 2up
Kevin Grissom
 
Wedding Magazine Media Kit
Wedding Magazine Media KitWedding Magazine Media Kit
Wedding Magazine Media Kit
Media House
 
Promo Pages
Promo PagesPromo Pages
Promo Pages
SaraFasano
 
Multimedia
MultimediaMultimedia
Multimedia
JasonHubbard
 
The North American Truckload Marketplace @ YE2009
The North American Truckload Marketplace @ YE2009The North American Truckload Marketplace @ YE2009
The North American Truckload Marketplace @ YE2009
Thom A. Williams
 
Bnm evolucion depositos estatales y provados dec98-dec00
Bnm   evolucion depositos estatales y provados dec98-dec00Bnm   evolucion depositos estatales y provados dec98-dec00
Bnm evolucion depositos estatales y provados dec98-dec00
gonzaloromani
 
Irs Audit Activity Am Best Conference 3 23 11 Forray
Irs Audit Activity Am Best Conference 3 23 11 ForrayIrs Audit Activity Am Best Conference 3 23 11 Forray
Irs Audit Activity Am Best Conference 3 23 11 Forray
SusanJF
 
Luminare
LuminareLuminare
Luminare
adufner
 
Live roulette-tv.com
Live roulette-tv.comLive roulette-tv.com
Live roulette-tv.com
allanken
 
Change order spreadsheet
Change order spreadsheetChange order spreadsheet
Change order spreadsheet
Honolulu Civil Beat
 
Finance quiz (blank template)
Finance quiz (blank template)Finance quiz (blank template)
Finance quiz (blank template)
Connect in the North
 
Casino Coming to Town
Casino Coming to TownCasino Coming to Town
Casino Coming to Town
sneapa
 

What's hot (16)

The Best Plan You Never Heard of
The Best Plan You Never Heard ofThe Best Plan You Never Heard of
The Best Plan You Never Heard of
 
Borrw Deck
Borrw DeckBorrw Deck
Borrw Deck
 
2006Q3 google earnings
2006Q3 google earnings2006Q3 google earnings
2006Q3 google earnings
 
Tax Deferred Investing
Tax Deferred InvestingTax Deferred Investing
Tax Deferred Investing
 
Fedex b 2up
Fedex b 2upFedex b 2up
Fedex b 2up
 
Wedding Magazine Media Kit
Wedding Magazine Media KitWedding Magazine Media Kit
Wedding Magazine Media Kit
 
Promo Pages
Promo PagesPromo Pages
Promo Pages
 
Multimedia
MultimediaMultimedia
Multimedia
 
The North American Truckload Marketplace @ YE2009
The North American Truckload Marketplace @ YE2009The North American Truckload Marketplace @ YE2009
The North American Truckload Marketplace @ YE2009
 
Bnm evolucion depositos estatales y provados dec98-dec00
Bnm   evolucion depositos estatales y provados dec98-dec00Bnm   evolucion depositos estatales y provados dec98-dec00
Bnm evolucion depositos estatales y provados dec98-dec00
 
Irs Audit Activity Am Best Conference 3 23 11 Forray
Irs Audit Activity Am Best Conference 3 23 11 ForrayIrs Audit Activity Am Best Conference 3 23 11 Forray
Irs Audit Activity Am Best Conference 3 23 11 Forray
 
Luminare
LuminareLuminare
Luminare
 
Live roulette-tv.com
Live roulette-tv.comLive roulette-tv.com
Live roulette-tv.com
 
Change order spreadsheet
Change order spreadsheetChange order spreadsheet
Change order spreadsheet
 
Finance quiz (blank template)
Finance quiz (blank template)Finance quiz (blank template)
Finance quiz (blank template)
 
Casino Coming to Town
Casino Coming to TownCasino Coming to Town
Casino Coming to Town
 

Viewers also liked

Гаранция за произход и европейско качество
Гаранция за произход и европейско качествоГаранция за произход и европейско качество
Гаранция за произход и европейско качествоМихаил Желев
 
Chapter1 sept 8_05[one.]
Chapter1 sept 8_05[one.]Chapter1 sept 8_05[one.]
Chapter1 sept 8_05[one.]
LeelaRam Tenneti
 
1 ultr. p. enf. -15pptx
1 ultr. p. enf. -15pptx1 ultr. p. enf. -15pptx
1 ultr. p. enf. -15pptx
Nidia Real
 
Chapter2[one.]
Chapter2[one.]Chapter2[one.]
Chapter2[one.]
LeelaRam Tenneti
 
Chapter5[one.]
Chapter5[one.]Chapter5[one.]
Chapter5[one.]
LeelaRam Tenneti
 

Viewers also liked (6)

Гаранция за произход и европейско качество
Гаранция за произход и европейско качествоГаранция за произход и европейско качество
Гаранция за произход и европейско качество
 
Сертификати
СертификатиСертификати
Сертификати
 
Chapter1 sept 8_05[one.]
Chapter1 sept 8_05[one.]Chapter1 sept 8_05[one.]
Chapter1 sept 8_05[one.]
 
1 ultr. p. enf. -15pptx
1 ultr. p. enf. -15pptx1 ultr. p. enf. -15pptx
1 ultr. p. enf. -15pptx
 
Chapter2[one.]
Chapter2[one.]Chapter2[one.]
Chapter2[one.]
 
Chapter5[one.]
Chapter5[one.]Chapter5[one.]
Chapter5[one.]
 

Similar to Rockford plaza memorandum

Three Rivers TIFA Update Ex Sum 12.4.12
Three Rivers TIFA Update Ex Sum  12.4.12Three Rivers TIFA Update Ex Sum  12.4.12
Three Rivers TIFA Update Ex Sum 12.4.12
Chuck Eckenstahler
 
2615 Cullen Mkt Pkg
2615 Cullen Mkt Pkg2615 Cullen Mkt Pkg
2615 Cullen Mkt Pkg
srosenberg
 
Teton Valley Recycling, Llc Financial Plan
Teton Valley Recycling, Llc Financial PlanTeton Valley Recycling, Llc Financial Plan
Teton Valley Recycling, Llc Financial Plan
Scot Acocks
 
2010 State Of The City Address
2010 State Of The City Address2010 State Of The City Address
2010 State Of The City Address
City of Maricopa
 
$750,000 Total Mortgage Costs Analysis
$750,000 Total Mortgage Costs Analysis$750,000 Total Mortgage Costs Analysis
$750,000 Total Mortgage Costs Analysis
Peter Boyle
 
$350,000 Total Mortgage Costs Analysis
$350,000 Total Mortgage Costs Analysis$350,000 Total Mortgage Costs Analysis
$350,000 Total Mortgage Costs Analysis
Peter Boyle
 
$500,000 Total Mortgage Costs Analysis
$500,000 Total Mortgage Costs Analysis$500,000 Total Mortgage Costs Analysis
$500,000 Total Mortgage Costs Analysis
Peter Boyle
 
WSPE Seminar May 15 2009 Puget Sound Market
WSPE Seminar May 15 2009   Puget Sound MarketWSPE Seminar May 15 2009   Puget Sound Market
WSPE Seminar May 15 2009 Puget Sound Market
WSPE
 
Chapter 10generac flujo caja
Chapter 10generac flujo cajaChapter 10generac flujo caja
Chapter 10generac flujo caja
federicoblanco
 
Grow Your Business with Government Contracts: 4 Essential Steps
Grow Your Business with Government Contracts: 4 Essential StepsGrow Your Business with Government Contracts: 4 Essential Steps
Grow Your Business with Government Contracts: 4 Essential Steps
Denver Metro Small Business Development Center
 
Go Zone Now Real Estate Investment Guide Bayside Park
Go Zone Now Real Estate Investment Guide Bayside ParkGo Zone Now Real Estate Investment Guide Bayside Park
Go Zone Now Real Estate Investment Guide Bayside Park
elocinnire
 
$250,000 Total Mortgage Costs Analysis!
$250,000 Total Mortgage Costs Analysis!$250,000 Total Mortgage Costs Analysis!
$250,000 Total Mortgage Costs Analysis!
Peter Boyle
 
Las Vegas Investment properties
Las Vegas Investment propertiesLas Vegas Investment properties
Las Vegas Investment properties
Las Vegas Realtor | Orange Realty Group
 
Google Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings SummaryGoogle Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings Summary
Kit Seeborg
 
Google Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings SummaryGoogle Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings Summary
Kamaldeep Singh SEO
 
BPO Lite With Inspection
BPO Lite With InspectionBPO Lite With Inspection
BPO Lite With Inspection
V2Shane
 
11224 Richland Ave Financial Summary
11224 Richland Ave   Financial Summary11224 Richland Ave   Financial Summary
11224 Richland Ave Financial Summary
srosenberg
 
Sir thomas circle
Sir thomas circleSir thomas circle
Sir thomas circle
admin_brickmarket
 
Sir thomas circle
Sir thomas circleSir thomas circle
Sir thomas circle
admin_brickmarket
 
Chicagoland Monthly Maket Pulse -Feb 2010 Attached
Chicagoland Monthly Maket Pulse -Feb 2010 AttachedChicagoland Monthly Maket Pulse -Feb 2010 Attached
Chicagoland Monthly Maket Pulse -Feb 2010 Attached
chipwags
 

Similar to Rockford plaza memorandum (20)

Three Rivers TIFA Update Ex Sum 12.4.12
Three Rivers TIFA Update Ex Sum  12.4.12Three Rivers TIFA Update Ex Sum  12.4.12
Three Rivers TIFA Update Ex Sum 12.4.12
 
2615 Cullen Mkt Pkg
2615 Cullen Mkt Pkg2615 Cullen Mkt Pkg
2615 Cullen Mkt Pkg
 
Teton Valley Recycling, Llc Financial Plan
Teton Valley Recycling, Llc Financial PlanTeton Valley Recycling, Llc Financial Plan
Teton Valley Recycling, Llc Financial Plan
 
2010 State Of The City Address
2010 State Of The City Address2010 State Of The City Address
2010 State Of The City Address
 
$750,000 Total Mortgage Costs Analysis
$750,000 Total Mortgage Costs Analysis$750,000 Total Mortgage Costs Analysis
$750,000 Total Mortgage Costs Analysis
 
$350,000 Total Mortgage Costs Analysis
$350,000 Total Mortgage Costs Analysis$350,000 Total Mortgage Costs Analysis
$350,000 Total Mortgage Costs Analysis
 
$500,000 Total Mortgage Costs Analysis
$500,000 Total Mortgage Costs Analysis$500,000 Total Mortgage Costs Analysis
$500,000 Total Mortgage Costs Analysis
 
WSPE Seminar May 15 2009 Puget Sound Market
WSPE Seminar May 15 2009   Puget Sound MarketWSPE Seminar May 15 2009   Puget Sound Market
WSPE Seminar May 15 2009 Puget Sound Market
 
Chapter 10generac flujo caja
Chapter 10generac flujo cajaChapter 10generac flujo caja
Chapter 10generac flujo caja
 
Grow Your Business with Government Contracts: 4 Essential Steps
Grow Your Business with Government Contracts: 4 Essential StepsGrow Your Business with Government Contracts: 4 Essential Steps
Grow Your Business with Government Contracts: 4 Essential Steps
 
Go Zone Now Real Estate Investment Guide Bayside Park
Go Zone Now Real Estate Investment Guide Bayside ParkGo Zone Now Real Estate Investment Guide Bayside Park
Go Zone Now Real Estate Investment Guide Bayside Park
 
$250,000 Total Mortgage Costs Analysis!
$250,000 Total Mortgage Costs Analysis!$250,000 Total Mortgage Costs Analysis!
$250,000 Total Mortgage Costs Analysis!
 
Las Vegas Investment properties
Las Vegas Investment propertiesLas Vegas Investment properties
Las Vegas Investment properties
 
Google Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings SummaryGoogle Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings Summary
 
Google Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings SummaryGoogle Q4 2012 Quarterly Earnings Summary
Google Q4 2012 Quarterly Earnings Summary
 
BPO Lite With Inspection
BPO Lite With InspectionBPO Lite With Inspection
BPO Lite With Inspection
 
11224 Richland Ave Financial Summary
11224 Richland Ave   Financial Summary11224 Richland Ave   Financial Summary
11224 Richland Ave Financial Summary
 
Sir thomas circle
Sir thomas circleSir thomas circle
Sir thomas circle
 
Sir thomas circle
Sir thomas circleSir thomas circle
Sir thomas circle
 
Chicagoland Monthly Maket Pulse -Feb 2010 Attached
Chicagoland Monthly Maket Pulse -Feb 2010 AttachedChicagoland Monthly Maket Pulse -Feb 2010 Attached
Chicagoland Monthly Maket Pulse -Feb 2010 Attached
 

Recently uploaded

How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
SalesTown
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
jeffkluth1
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
LuanWise
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
NZSG
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Holger Mueller
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
Corey Perlman, Social Media Speaker and Consultant
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
Top Forex Brokers Review
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
➒➌➎➏➑➐➋➑➐➐Dpboss Matka Guessing Satta Matka Kalyan Chart Indian Matka
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
Christian Dahlen
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
ecamare2
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
aragme
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
CA Dr. Prithvi Ranjan Parhi
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
Norma Mushkat Gaffin
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
FelixPerez547899
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
my Pandit
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
AnnySerafinaLove
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
techboxsqauremedia
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 

Recently uploaded (20)

How to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM SoftwareHow to Implement a Real Estate CRM Software
How to Implement a Real Estate CRM Software
 
Part 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 SlowdownPart 2 Deep Dive: Navigating the 2024 Slowdown
Part 2 Deep Dive: Navigating the 2024 Slowdown
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Building Your Employer Brand with Social Media
Building Your Employer Brand with Social MediaBuilding Your Employer Brand with Social Media
Building Your Employer Brand with Social Media
 
-- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month ---- June 2024 is National Volunteer Month --
-- June 2024 is National Volunteer Month --
 
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challengesEvent Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
Event Report - SAP Sapphire 2024 Orlando - lots of innovation and old challenges
 
Authentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto RicoAuthentically Social by Corey Perlman - EO Puerto Rico
Authentically Social by Corey Perlman - EO Puerto Rico
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024Best Forex Brokers Comparison in INDIA 2024
Best Forex Brokers Comparison in INDIA 2024
 
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel ChartSatta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
Satta Matka Dpboss Matka Guessing Kalyan Chart Indian Matka Kalyan panel Chart
 
Industrial Tech SW: Category Renewal and Creation
Industrial Tech SW:  Category Renewal and CreationIndustrial Tech SW:  Category Renewal and Creation
Industrial Tech SW: Category Renewal and Creation
 
Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431Observation Lab PowerPoint Assignment for TEM 431
Observation Lab PowerPoint Assignment for TEM 431
 
2022 Vintage Roman Numerals Men Rings
2022 Vintage Roman  Numerals  Men  Rings2022 Vintage Roman  Numerals  Men  Rings
2022 Vintage Roman Numerals Men Rings
 
Income Tax exemption for Start up : Section 80 IAC
Income Tax  exemption for Start up : Section 80 IACIncome Tax  exemption for Start up : Section 80 IAC
Income Tax exemption for Start up : Section 80 IAC
 
Mastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnapMastering B2B Payments Webinar from BlueSnap
Mastering B2B Payments Webinar from BlueSnap
 
Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024Company Valuation webinar series - Tuesday, 4 June 2024
Company Valuation webinar series - Tuesday, 4 June 2024
 
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
Unveiling the Dynamic Personalities, Key Dates, and Horoscope Insights: Gemin...
 
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.
 
Creative Web Design Company in Singapore
Creative Web Design Company in SingaporeCreative Web Design Company in Singapore
Creative Web Design Company in Singapore
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 

Rockford plaza memorandum

  • 1. ROCKFORD PLAZA ROCKFORD, IL OFFERING MEMORANDUM EXCLUSIVE LISTED BY: ANAND BHATT – aabhatt@gmail.com
  • 2. ROCKFORD PLAZA ROCKFORD, IL Investment overview We are pleased to present this multi-tenant prime opportunity in Rockford, IL. This property provides an investor the opportunity to purchase a well established and frequently trafficked construction with net-leases. THIS PROPERTY HAS FREQUENT INCREASES IN NET INCOME, SO PURCHASE NOW BEFORE THE PRICE GOES UP YET AGAIN. Qualified buyers are extended the opportunity to acquire a rarely available, well leased, 75,302 square foot Retail Strip Center that also boasts upside potential. Rockford Shopping Center is located on busy E. State St. in the established and rapidly-growing community of Rockford, Illinois. The property boasts a consistently strong rental history with a variety of Highly Accredited Tenants on well written leases. Investors will notice that this Rockford Shopping Center has a unique ability to accommodate its tenants needs for growth, giving the property its enormous upside potential. Given its centralized location, visibility, and traffic count, in addition to an abundance of surrounding residential developments, this property proves to be ideal for any investor. 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. ROCKFORD PLAZA ROCKFORD, IL Offering Summary Price $3,032,800 Gross Square Feet 75,302 VITAL DATA CAP Rate - Actual 9.0% Net Operating Income - Current $272,952 Th is in f orm a t io n ha s be e n se c ur e d f ro m sou rc e s w e be l ie v e t o be re l i a bl e, but w e ma ke no r ep re s e nt a t i on s or w a r ra nt i e s , e xpr e ss e d i m pl i e d, as t o t h e acc u rac y of t he i nfo rmat i on . R efe r e nc e s t o sq uar e foot ag e or age are ap p roxi ma t e . Bu ye r mu st v e ri f y t h e i n f orm a t io n a nd b e a rs a l l r is k f or a ny i n a cc u ra c ie s . AB Commercial CONTACT ANAND BHATT - AABHATT@GMAIL.COM 3
  • 4. ROCKFORD PLAZA ROCKFORD, IL Rent Roll Total Taxes Base Rent CAM Income Monthly Proration Lease Reimbursement Tenants Income Rent Factor Sq. Ft Start Date Expires Secretary of State $4,357.50 $1,807.50 $420.00 $6,585.00 0.0598 4500 Mar-01 Feb-12 Vacant (former Big Lots) $0.00 $0.00 $0.00 $0.00 0.4036 30395 n/a n/a Family Dollar $4,541.67 $0.00 $0.00 $4,541.67 0.1087 8182 Jul-02 Jul-12 Aarons Furniture $5,000.00 $820.45 $1,155.86 $6,976.31 0.1464 11025 Feb-03 Feb-15 San Jose Cultural Center $7,000.00 $0.00 $0.00 $7,000.00 0.1339 10080 Jun-10 Sep-13 Certaire Tech (storage) $2,780.00 $0.00 $0.00 $2,780.00 0.1477 11120 mtm mtm TOTAL $20,899.17 $25,102.98 75302 INCOME Total Annual Rent $301,235.76 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 Total CAM $28,283.76 Total Expenses $93,879.76 Net Operating Income $272,952
  • 5. ROCKFORD PLAZA ROCKFORD, IL Average Daily Traffic Count 12
  • 6. ROCKFORD PLAZA ROCKFORD, IL Aerial Photo 12
  • 7. ROCKFORD PLAZA RETAIL BUILDING ROCKFORD, IL OFFERING MEMORANDUM EXCLUSIVE LISTED BY: ANAND BHATT aabhatt@gmail.com 209-975-SELL