Property profile

5947 Riverside Blvd Rockford, IL 61114

OFF-MARKET
Retail properties & Spaces
89,292 SF
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Property summary

AI-generated overview

This exceptional retail space, located within the Riverside Pavilion at 5947 E Riverside Blvd, Rockford, IL 61114, offers 1,200 square feet of versatile space ideal for a variety of businesses. The property is classified as Class B and features a multi-tenant occupancy. The total building size is a substantial 89,292 square feet, providing ample room for all tenants and customers. This prime location benefits from high visibility and significant foot traffic, complemented by an average daily count of 23,700 vehicles passing by. Recent improvements include a refreshed parking lot and an updated aesthetic, creating a modern and inviting atmosphere. The space is currently vacant and ready for immediate occupancy. The property's strategic placement ensures excellent exposure for your business, maximizing its potential for success. This is a rare opportunity to secure a well-located retail space in a thriving area of Rockford, Illinois. The property is zoned for retail use and also suitable for office or medical uses. Don't miss this chance to establish your business in a high-traffic location with a newly improved exterior. Contact us today to schedule a viewing and learn more about this exciting opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 89,292 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

5947 Riverside Blvd Rockford, IL 61114
Rockford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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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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