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    8445 Chandan Dr Rockford, IL 61108

    Sponsored
    For Lease
    Contact for pricing

    49,200 SF Storefront Available

    Lot size:
    49,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 49,580 square foot retail storefront, built in 2009, offers 49,200 square feet of vacant space in a prime Rockford, Illinois location. Situated in Winnebago County at 8445 Chandan Drive, zip code 61108, this single-tenant property presents a remarkable opportunity for various commercial ventures. The building enjoys a highly desirable location adjacent to AMC Theatres and in close proximity to numerous hotels, a national restaurant chain, and the Coco Key Water Resort, ensuring high visibility and foot traffic. This mature trade area offers excellent potential for retail, medical, or entertainment businesses. The property's strategic positioning provides easy access to major transportation routes, being less than one mile from the full interchange at I-90/39 at State Street, enhancing its accessibility and appeal to both customers and employees. The property's size and location make it an ideal space for a large-scale retail operation or a multi-faceted commercial development. This is a rare opportunity to secure a significant retail presence in a thriving commercial area. The property is ready for immediate occupancy.

    Property Features for 8445 Chandan Dr

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,580 SF

    Building Details

    Year Built
    2009

    Unit(s) available at that property

    Space
    Available Suite
    Size
    49,200 SF

    HighLights

    • 49,580 SF retail storefront built in 2009, with 49,200 SF of vacant space.
    • Located at 8445 Chandan Drive, Rockford, IL 61108 (Winnebago County).
    • Prime location adjacent to AMC Theatres, near hotels, restaurants, and Coco Key Water Resort.
    • Excellent visibility and high foot traffic in a mature trade area, suitable for retail, medical, or entertainment uses.
    • Less than one mile from I‑90/39 interchange at State Street, providing easy access to major transportation routes.
    • Ready for immediate occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.949810760629
    Latitude
    42.271292133812

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    FAQs

    What type of property is this?
    Individual retail property - 49,200 SF Storefront Available
    Where is this individual retail property located?
    The property is located at 8445 Chandan Dr Rockford, IL.
    What are key features of this property?
    This property features: 49,580 SF retail storefront built in 2009, with 49,200 SF of vacant space.; Located at 8445 Chandan Drive, Rockford, IL 61108 (Winnebago County).; Prime location adjacent to AMC Theatres, near hotels, restaurants, and Coco Key Water Resort.
    Request Owner's contact information
    8445 Chandan Dr Rockford, IL 61108
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    Rockford, IL 61108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8445 Chandan Dr Rockford, IL 61108
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