Build-to-Suit NNN Bank
For Sale
Contact for pricing
2722 11th Street, Rockford, IL 61109
Newly constructed bank facility with a corporate-backed absolute NNN lease and scheduled annual increases.
Property SizeContact for details
Days on Market145
Property Features for 2722 11th Street
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
22,300 vehicles/day
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Chicago
(312) 279-5345
Listed By:
Dan Elliot · License #IL 475144985
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 7:40PM
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 Chicago
Investment Insights
Based on property information with market context.
This newly built-to-suit bank property is occupied by Associated Bank under a 10-year corporate-guaranteed lease. The absolute NNN structure places operating, maintenance, and property-related responsibilities with the tenant, while the lease includes three 5-year extension options and 2% annual increases during the option periods.
The property fronts 11th Street, which carries 22,300 VPD, providing documented roadway exposure and access. Nearby national retailers and service businesses include AutoZone, Burger King, CVS, Schnucks, Family Dollar, and Advance Auto Parts. The surrounding trade area includes industrial, automotive, aerospace, healthcare, chemical, metals, manufacturing, and food-processing employment centers, supporting the bank’s stated service area.
The property fronts 11th Street, which carries 22,300 VPD, providing documented roadway exposure and access. Nearby national retailers and service businesses include AutoZone, Burger King, CVS, Schnucks, Family Dollar, and Advance Auto Parts. The surrounding trade area includes industrial, automotive, aerospace, healthcare, chemical, metals, manufacturing, and food-processing employment centers, supporting the bank’s stated service area.
Key Highlights
- New build‑to‑suit Associated Bank facility
- 10‑year corporate‑guaranteed lease with three 5‑year option periods
- Absolute NNN lease with zero landlord responsibilities
Property Analytics
Current Use
Lease Details
22,300 VPD
Traffic count
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 71%
Dining 29%
Dollar Tree
Shops & Services
14,063 visits/mo
0.4 miles
Taco Bell
Dining
12,593 visits/mo
0.5 miles
AutoZone
Shops & Services
4,787 visits/mo
0.3 miles
Shell
Shops & Services
4,730 visits/mo
0.4 miles
BP
Shops & Services
3,203 visits/mo
0.2 miles
Demographics for 61109, IL
26,958
Population
11,829
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
85%
High-School Grad
38.5 sq mi
ZIP Area
700
Density / Sq Mi
$61,702
Median Household Income
$38,375
Median Earnings
$916
Median Rent
$124,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed bank facility with a corporate-backed absolute NNN lease and scheduled annual increases.
Where is this nnn property located?
The property is located at 2722 11th Street Rockford, IL.
What are key features of this property?
This property features: New build‑to‑suit Associated Bank facility; 10‑year corporate‑guaranteed lease with three 5‑year option periods; Absolute NNN lease with zero landlord responsibilities
