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Retail Strip Center Near Walmart
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7431 E State St, Rockford, IL 61108

Retail strip center with high visibility near prime retailers.

Space Size3,244 SF
Property Size10,515 SF
Days on Market1259

Property Features for 7431 E State St

General Information

Standard status Active
Size 3,244 SF
Total Parking Spaces 71
Property subtype Retail, Restaurant

Building Details

Building Size 10,515 SF
Year Built 1994
Tenancy Multiple

Spaces For Lease

at 7431 E State St Contact us

Suite 7445

Size
3,244 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: First Midwest Group
Listed By: Bharat Puri · License #IL
Source: Crexi
Added: Mar 22, 2023 Changed: Aug 24 Last Checked: Aug 29 at 8:40AM

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 First Midwest Group

Investment Insights

Based on property information with market context.

This retail strip center is located on an outlot of Walmart, offering excellent visibility from East State Street. The location is near prime retailers, including Walmart and The UPS Store. The property is zoned for cannabis, restaurant, healthcare, and retail use.

Key Highlights

  • Excellent visibility from East State Street.
  • Located in outlot of Walmart.
  • Near prime retailers including Walmart and The UPS Store.

Property Analytics

Current Use

Logsdon Consultation Services Consultant Sparklean Maids Hardware & Home Improvement Angel Bliss Custom T-Shirt Store Greater Works Ministries Association Or Organization Gulf Coast Faith ... Association Or Organization

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

778
Businesses Nearby
618k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 40% Dining 38% Shops & Services 11% Home Improvements & Furnishings 6%
Walmart Superstores
138,676 visits/mo 0.2 miles
Sam's Club Superstores
111,742 visits/mo 0.3 miles
Chick-fil-A Dining
62,911 visits/mo 0.4 miles
McDonald's Dining
41,921 visits/mo 0.4 miles
Sam's Club Gas Station Shops & Services
36,211 visits/mo 0.1 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?
Strip mall - Retail strip center with high visibility near prime retailers.
Where is this strip mall located?
The property is located at 7431 E State St Rockford, IL.
What are key features of this property?
This property features: Excellent visibility from East State Street.; Located in outlot of Walmart.; Near prime retailers including Walmart and The UPS Store.
More about this property
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