NNN-Leased Class A Office
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.
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
Lease Details
60,000 VPD
Traffic count
81.1%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,408
Businesses Nearby
Explore this area
Business Placement
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
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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