Property profile

2579 Mulford Rd Rockford, IL 61114

OFF-MARKET
Retail properties & Spaces
121,451 SF
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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

Location

2579 Mulford Rd Rockford, IL 61114
Rockford metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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