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11-Property NNN Portfolio
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302 N Mulford Road, Rockford, IL 61107

Corporate-guaranteed automotive service locations span Illinois and Wisconsin under absolute NNN leases.

Property SizeContact for details
Days on Market143

Property Features for 302 N Mulford Road

General Information

Standard status Active
Property subtype Retail
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #IL - 478027307
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 9:14PM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This portfolio includes eleven Grease Monkey automotive service locations across Illinois and Wisconsin. The properties are subject to absolute triple-net leases with corporate guarantees, providing a consistent lease structure across the portfolio.

Approximately seven (7) years of lease term remain at each location, with 10% rent increases scheduled every five (5) years. The portfolio represents operating locations affiliated with Grease Monkey, an automotive oil change brand founded in 1978 and headquartered in Denver, Colorado.

Key Highlights

  • Eleven Grease Monkey automotive service locations across Illinois and Wisconsin
  • Absolute triple‑net leases with corporate guarantees
  • Approximately seven (7) years of term remaining at each location

Property Analytics

Current Use

Grease Monkey Auto Repair Shop

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,770
Businesses Nearby
623k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Shops & Services 30% Dining 30% Beauty & Spa 5%
Kohl's Apparel
73,997 visits/mo 0.4 miles
Portillo's Dining
52,017 visits/mo 0.2 miles
Dollar Tree Shops & Services
50,915 visits/mo 0.4 miles
Marshalls Apparel
49,129 visits/mo 0.4 miles
Michaels Shops & Services
29,756 visits/mo 0.5 miles

Demographics for 61107, IL

30,722
Population
13,711
Households
2.2
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
14.9 sq mi
ZIP Area
2,062
Density / Sq Mi
$75,492
Median Household Income
$42,494
Median Earnings
$1,053
Median Rent
$165,200
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
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate-guaranteed automotive service locations span Illinois and Wisconsin under absolute NNN leases.
Where is this nnn property located?
The property is located at 302 N Mulford Road Rockford, IL.
What are key features of this property?
This property features: Eleven Grease Monkey automotive service locations across Illinois and Wisconsin; Absolute triple‑net leases with corporate guarantees; Approximately seven (7) years of term remaining at each location
(949) 942-6585 Call to check price and availability
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