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    OFF-MARKET
    Retail properties & Spaces

    2579 Mulford Rd, Rockford, IL 61114

    121,451 SF
    Property ID
    Property summary
    AI-generated overview

    Brynwood Square, a 121,451-square-foot retail center in Rockford, Illinois, offers exceptional opportunities for medical-related businesses. Located at 2579 N Mulford Rd, 61114, in Winnebago County, this multi-tenant property boasts significant vacancy, with 105,461 square feet currently available. Spaces range from a minimum of 1,602 square feet to a maximum contiguous space of 71,800 square feet, ideal for a large anchor tenant. The substantial 71,800-square-foot vacancy is particularly well-suited for a grocery store, given the high population density of the surrounding residential area and limited competition. The center enjoys excellent visibility thanks to two pylon signs. Current tenants include Baskin Robbins, a BMO Bank ATM, Brynwood Pak-n-ship, Davig's Custom Cleaners, Jerry's Café, Salamone's North, and Salon 3 One 3, creating a diverse and established tenant mix. This property presents a unique chance to establish a prominent presence in a thriving northeastern Rockford neighborhood. The property is classified as Retail, Subtype Medical, and offers eight available spaces. The property is situated in a densely populated area, providing significant potential for customer traffic and business growth. This prime location and substantial available space make Brynwood Square an attractive investment opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 121,451 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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