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NNN-Leased Class A Office Building
For Sale
Contact for pricing
Pending

6000 E State St, Rockford, IL 61108

Well-maintained Class A office building with NNN lease income and 81.1% occupancy.

Property Size68,000 SF
Days on Market12

Property Features for 6000 E State St

General Information

Standard status Pending
Size 68,000 SF
Class A
Property subtype Office
Occupancy 81%

Additional Details

Cap Rate 9.7%
Traffic Count 60,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: LandMark Real Estate Group
Listed By: C. Shane Van Sickle · License #IL 475147431
Source: Crexi
Added: Jul 21 Changed: Jul 22 Last Checked: Jul 31 at 6:16AM

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 LandMark Real Estate Group

Investment Insights

Based on property information with market context.

This NNN leased, well-maintained Class A office building contains approximately 68,000 SF and is reported to be 81.1% leased. The offering is described as a diversified tenant base with key renewals recently secured. According to the remarks, the investment is projected to produce a 9.70% cap on year-1 NOI, with upside noted for future performance.

The property is located at 6000 E State St in Rockford, IL, on a hard corner of Mulford & E State with approximately 60k ADT. The current ownership is described as local and willing to remain as property manager to support an “armchair” approach for non-local buyers.

This is being marketed for sale as an office investment with professional ownership and existing tenant occupancy supported by recent renewals.

Key Highlights

  • NNN leased Class A office building totaling approx. 68,000 SF
  • Located on a 60k ADT hard corner at Mulford & E State in Rockford, IL
  • 81.1% leased with a diverse tenant base

Property Analytics

Current Use

Chase Mortgage Loan Service Chase Bank Bank Bankers Life Financial Advisor AssuredPartners Insurance Agency Amanda Rodriguez, Bankers ... Insurance Agency

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Storage Facility Grocery & Convenience Store Kitchen & Bath Showroom HVAC Service

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

60,000 VPD
Traffic count
81.1%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,408
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained Class A office building with NNN lease income and 81.1% occupancy.
Where is this office building located?
The property is located at 6000 E State St Rockford, IL.
What are key features of this property?
This property features: NNN leased Class A office building totaling approx. 68,000 SF; Located on a 60k ADT hard corner at Mulford & E State in Rockford, IL; 81.1% leased with a diverse tenant base
More about this property
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