1221 Sandy Hollow Road Rockford, IL 61109

Building Details

Year Built

1991

Listing agency CapRock Real Estate b***@caprockre.com Show Phone

Listed by Brian Goldman · License #IL471.018140

Source Crexi

Added: May 29 Updated: Jul 21 at 1:48AM Checked: Jul 21 at 8:41AM

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Investment Insights

Based on property information with market context.

Southgate Plaza is a value-add shopping center currently about 90% leased, with 10% vacancy available for lease-up. The tenant mix includes national and local operators. The center is positioned to benefit from its current occupancy and upcoming leasing opportunities.

The property is shadow-anchored by QuikTrip and the Northern Illinois Food Bank, which can support consistent shopper traffic.

The offering is for a for-sale shopping center comprising approximately 52,000 square feet.

Key Highlights

• Shopping center built in 1991
• Approximately 90% leased with 10% vacancy for lease‑up upside
• Shadow‑anchored by QuikTrip and the Northern Illinois Food Bank

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FAQs

What type of property is this?

Shopping center - Southgate Plaza is a shopping center with 10% vacancy and approximately 90% occupancy.

Where is this shopping center located?

The property is located at 1221 Sandy Hollow Road Rockford, IL.

What is the asking price?

The asking price for this property is $3,100,000.

What are key features of this property?

This property features: Shopping center built in 1991; Approximately 90% leased with 10% vacancy for lease‑up upside; Shadow‑anchored by QuikTrip and the Northern Illinois Food Bank