600 West Rock Falls Road, Rock Falls, IL
Turn-key oil lube businesses with self-serve car wash components.
- Added:
- Jun 12, 2024
- Days on Market:
- 736
- Last Refresh:
- May 20 at 8:51 pm
Property Features for 600 West Rock Falls Road
General Information
- Standard status
- Active
- Size
- 10,790 SF
- Lot size
- 1.82 Acres
- Property subtype
- RETAIL
Listing agent Gunnar Edlund (651) 788-1133
Listing office Trinity Real Estate Investment Services - Corporate (651) 788-1133
Listing date Jun 12, 2024
Source Moodyscre
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 Trinity Real Estate Investment Services - Corporate
HighLights
- Profitable and established turn‑key oil lube businesses with self‑serve car wash components.
- Proven success with both locations operational for 30+ years.
- Significant equipment and building renovations in 2019.
- Strong demographics: 30,000+ residents within a 5‑mile radius and limited surrounding competition.
- Strategically located along high‑traffic roads: 8,000+ and 19,000+ VPD with multiple access points and visibility.
- Conveniently situated around multiple national retail tenants, creating constant customer traffic.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $194.2k | $18.00 |
| − Vacancy | −$5.8k | −$0.54 |
| EGI | $188.4k | $17.46 |
| − OpEx | −$47.1k | −$4.37 |
| NOI | $141.3k | $13.10 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rock Falls
- County
- Whiteside
- State
- Illinois
- Longitude
- -89.6819
- Latitude
- 41.7618
