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Four-Building Retail Center
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Pending

811 S Perryville Rd, Rockford, IL 61108

Four-building retail center with a pharmacy anchor, 82% occupancy, and full tenant reimbursement for operating expenses.

Property Size29,000 SF
Days on Market148

Property Features for 811 S Perryville Rd

General Information

Standard status Pending
Size 29,000 SF
Property subtype Retail
Occupancy 82%

Additional Details

Traffic Count 29,200 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Patrick R. Luther, CCIM · License #01912215
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 31 at 9:58AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

East Bridge Centre is a four-building, 29,000 SF retail center in Rockford, Illinois. The property is 82% occupied by nine tenants, featuring an e-commerce-resistant mix of medical, food, and service-oriented businesses. Rock Valley Compounding Pharmacy anchors the center and recently expanded into an adjacent 2,000 SF space, representing 24% of the GLA. The ownership has also completed recent improvements, along with tenant improvements. Tenants reimburse fully for taxes, CAM, insurance, and management. Additionally, 67% of tenants have scheduled rental increases, supporting steady NOI growth.

East Bridge Centre is located at the signalized intersection of S. Perryville Road and Fincham Drive with a combined 29,200 VPD, and it sits just south of E. State Street, a major thoroughfare with over 32,800 VPD. The center offers convenient access with multiple points of ingress/egress and features a large LED pylon sign. CherryVale Mall is approximately 1.5 miles south, and nearby national/credit tenants include retailers such as Walmart, Sam’s Club, Target, Lowe’s Home Improvement, and other surrounding anchors.

Key Highlights

  • East Bridge Centre is a four‑building 29,000 SF retail center in Rockford, IL.
  • 82% occupied by 9 tenants, with remaining vacant suites offering lease‑up potential.
  • Rock Valley Compounding Pharmacy anchors the center with 24% of the GLA after a recent expansion into a previously vacant 2,000 SF space.

Property Analytics

Current Use

Maximized Living Clinic Gym & Fitness Center Rock Valley Compounding ... Pharmacy Lehan's Medical Equipment Medical Supply Store Interserve Tech Support Center

Suggested Use

Top Pick Kitchen & Bath Showroom Grocery & Convenience Store Barber Shop Electrical Service HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

29,200 VPD
Traffic count
82%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

714
Businesses Nearby
720k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 40% Superstores 35% Shops & Services 11% Apparel 8%
Walmart Superstores
138,676 visits/mo 0.3 miles
Sam's Club Superstores
111,742 visits/mo 0.2 miles
Chick-fil-A Dining
62,911 visits/mo 0.5 miles
McDonald's Dining
41,921 visits/mo 0.2 miles
Ross Dress for Less Apparel
41,140 visits/mo 0.4 miles

Demographics for 61108, IL

29,660
Population
12,650
Households
2.3
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
10.9 sq mi
ZIP Area
2,721
Density / Sq Mi
$63,046
Median Household Income
$34,856
Median Earnings
$986
Median Rent
$128,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Perryville Crossings 731 S Perryville Rd, Rockford, IL 61108
  • Quick-Tag Walmart Supercenter, 7219 Walton St, Rockford, IL 61108
  • State Street Market 6380 E State St, Rockford, IL 61108
  • Perryville Shopping Center 281 Deane Dr, Rockford, IL 61107

Frequently Asked Questions

What type of property is this?
Shopping center - Four-building retail center with a pharmacy anchor, 82% occupancy, and full tenant reimbursement for operating expenses.
Where is this shopping center located?
The property is located at 811 S Perryville Rd Rockford, IL.
What are key features of this property?
This property features: East Bridge Centre is a four‑building 29,000 SF retail center in Rockford, IL.; 82% occupied by 9 tenants, with remaining vacant suites offering lease‑up potential.; Rock Valley Compounding Pharmacy anchors the center with 24% of the GLA after a recent expansion into a previously vacant 2,000 SF space.
(480) 221-4221 Call to check price and availability
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