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Rockford Retail Space on State
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7340 East State Street, Rockford, IL 61108

40,731 SF retail space available on Rockford’s top retail corridor.

Space SizeContact for details
Days on Market150

Property Features for 7340 East State Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE
Listed By: Sandy Golden · License #471015351
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 21 at 5:30AM

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 CBRE

Investment Insights

Based on property information with market context.

Located on Rockford’s top retail corridor, this 40,731 square-foot retail space is available for rent. The space may be divided into approximately 10,000 square feet and approximately 30,000 square feet sections. Constructed in 1996 and renovated in 2016, the property offers excellent visibility and high traffic counts of 24,900 vehicles per day. Highly visible pylon signage is available on East State Street. Access is provided from East State Street at Buckley Drive, which is signalized, and from Sundae Drive with right-in/right-out access. The ceiling height is 12 feet, and the clear height is 13 feet 5 inches. The current parking provides 1.7 spaces per 1,000 square feet and is expandable to 3.09 spaces per 1,000 square feet. The location benefits from strong demographics and a substantial labor pool. The property is in close proximity to retailers such as Sam’s Club, Wal-Mart, Lowe’s, Best Buy, Home Depot, Ross Dress for Less, Gordon Food Service, La-Z-boy, and Ashley Furniture, as well as numerous restaurants and smaller retailers.

Key Highlights

  • Prime 40,731 SF space on Rockford's top retail corridor.
  • Excellent visibility with high traffic counts (24,900 VPD).
  • Divisible space options: +/- 10,000 SF and +/- 30,000 SF.

Property Analytics

Current Use

RAC Acceptance Interior Design The RoomPlace Furniture & Home Goods easyhome Furnishings Interior Design

Suggested Use

Top Pick Building Supply Kitchen & Bath Showroom HVAC Service Electrical Service Parking Lot & Garage Garden Center

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

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby
633k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Dining 39% Shops & Services 11% Home Improvements & Furnishings 6%
Walmart Superstores
138,676 visits/mo 0.4 miles
Sam's Club Superstores
111,742 visits/mo 0.4 miles
Chick-fil-A Dining
62,911 visits/mo 0.4 miles
McDonald's Dining
41,921 visits/mo 0.5 miles
Sam's Club Gas Station Shops & Services
36,211 visits/mo 0.2 miles

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 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?
Retail space - 40,731 SF retail space available on Rockford’s top retail corridor.
Where is this retail space located?
The property is located at 7340 East State Street Rockford, IL.
What are key features of this property?
This property features: Prime 40,731 SF space on Rockford's top retail corridor.; Excellent visibility with high traffic counts (24,900 VPD).; Divisible space options: +/- 10,000 SF and +/- 30,000 SF.
More about this property
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