CVS Pharmacy NNN
For Sale
Contact for pricing
6505 N Alpine Rd, Rockford, IL 61114
Occupied pharmacy asset with a recently executed long-term lease and tenant responsibility for maintenance and repairs.
Property SizeContact for details
Days on Market144
Property Features for 6505 N Alpine Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Landes Group
Listed By:
Ali Chambers · License #656845
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 8:15AM
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 Landes Group
Investment Insights
Based on property information with market context.
This drug store property is occupied by CVS Pharmacy, which has operated at the site since 2008. A recently executed 15-year initial lease term is supported by 10 additional five-year options, with 5% increases during the option periods. The lease structure places maintenance and repair obligations with the tenant, leaving no landlord responsibility for those items.
The property is situated near national retailers including Walmart, Aldi, Walgreens, Starbucks, McDonald’s, Burger King, and Taco Bell. The surrounding retail presence provides an established commercial setting for the occupied pharmacy use.
The property is situated near national retailers including Walmart, Aldi, Walgreens, Starbucks, McDonald’s, Burger King, and Taco Bell. The surrounding retail presence provides an established commercial setting for the occupied pharmacy use.
Key Highlights
- CVS Pharmacy has occupied the property since 2008
- Recently executed 15‑year initial lease term
- 10 additional five‑year options with 5% increases
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
631
Businesses Nearby
214k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 45%
Dining 36%
Groceries 11%
Shops & Services 6%
Walmart
Superstores
97,047 visits/mo
0.4 miles
McDonald's
Dining
26,768 visits/mo
0.4 miles
Aldi
Groceries
23,238 visits/mo
0.4 miles
Starbucks
Dining
16,404 visits/mo
0.4 miles
Taco Bell
Dining
15,919 visits/mo
0.4 miles
Demographics for 61114, IL
15,569
Population
6,599
Households
2.4
Avg Household Size
49
Median Age
47%
College-Educated
95%
High-School Grad
8.1 sq mi
ZIP Area
1,922
Density / Sq Mi
$83,472
Median Household Income
$47,406
Median Earnings
$1,284
Median Rent
$196,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Walmart Pharmacy — 3849 Northridge Dr, Rockford, IL 61114
- Benjamin D. Blitzblau, PharmD — 1515 E Riverside Blvd, Loves Park, IL 61111
- Helga Drinka — KMART PHARMACY, 1515 E Riverside Blvd, Loves Park, IL 611114742
- CVS Pharmacy — 6506 N Alpine Rd, Loves Park, IL 61111
- CVS — 6506 N Alpine Rd, Loves Park, IL 61111
Frequently Asked Questions
What type of property is this?
Drug store - Occupied pharmacy asset with a recently executed long-term lease and tenant responsibility for maintenance and repairs.
Where is this drug store located?
The property is located at 6505 N Alpine Rd Rockford, IL.
What are key features of this property?
This property features: CVS Pharmacy has occupied the property since 2008; Recently executed 15‑year initial lease term; 10 additional five‑year options with 5% increases
