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    175 Executive Pkwy Rockford, IL 61107

    For Lease
    Contact for pricing

    High-traffic retail space available.

    Lot size:
    3,944 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3,944 square foot retail space is located at 175 Executive Parkway in Rockford, Illinois, within Winnebago County (zip code 61107). The property boasts a prime location near the intersection of North Mulford Road and East State Street, offering superior visibility and high traffic counts exceeding 54,000 vehicles per day. Its strategic position places it just two miles from Interstate 90, placing it within easy reach of a large customer base. This multiple-tenancy building is situated in the heart of Rockford's bustling business and shopping district, benefiting from the high volume of foot and vehicle traffic. The property offers ample parking for customers and employees, and building signage opportunities are available to enhance visibility. This location offers significant advantages, with neighboring businesses including popular restaurants such as Shogun, Giordano's, and Portillo's. The space is currently vacant and ready for immediate occupancy. This presents a unique opportunity for businesses seeking a high-visibility location in a thriving commercial area. Contact us today to learn more about this exceptional retail space.

    Property Features for 175 Executive Pkwy

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,944 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    3,944 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Illinois Department of Children ... Social Services Organization Illinois Department of Healthcare ... City Government Office

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Rockford
    County
    Winnebago
    State
    Illinois
    Longitude
    -88.997772
    Latitude
    42.269318

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space available.
    Where is this retail property located?
    The property is located at 175 Executive Pkwy Rockford, IL.
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    Rockford, IL 61107
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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
    175 Executive Pkwy Rockford, IL 61107
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