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    OFF-MARKET
    Retail properties & Spaces

    2229-2251 Anderson Dr, Belvidere, IL 61008

    16,250 SF Built 2006
    Property ID
    Property summary
    AI-generated overview

    Westhills Center, located at 2229-2251 Anderson Dr, Belvidere, IL 61008, offers exceptional office space in a vibrant Rockford submarket. This single-story, 16,250 square foot building, constructed in 2006 and renovated in 2015, provides a variety of office options, including traditional, executive, coworking, medical, and creative spaces. Currently, there are multiple tenancies available, with a minimum divisible space of 1,500 square feet and a total of 3,300 square feet currently vacant. Two spaces ranging from 1,500 to 1,800 square feet are immediately available. The property boasts excellent visibility and signage along Route 20 Lake (US-20), experiencing high traffic volume of approximately 13,200 cars daily. Ample parking is available with 102 spaces. The building is zoned for Retail/Office use and is situated in Boone County. This presents a fantastic co-tenancy opportunity with an existing childcare business. The property's location and amenities make it an ideal choice for businesses seeking high visibility and convenient access.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2006
    Total area 16,250 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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