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    OFF-MARKET
    Retail properties & Spaces

    7474 State St, Rockford, IL 61108

    9,633 SF Built 2008
    Property ID
    Property summary
    AI-generated overview

    The Retail Shops of Hard Rock, located at 7474 E State St, Rockford, IL 61108, presents a compelling investment opportunity. This Class A retail property, built in 2008, boasts a total of 9,633 square feet across a single, one-story building situated on a 0.3-acre lot. Currently, 2,940 square feet of retail space is available, offering significant potential for expansion or lease to new tenants. The property is zoned C3 and features ample parking with 47 spaces available for customers and employees. Its prime location in Rockford, Illinois, ensures high visibility and accessibility for businesses. The property's APN is 1223376021. This is a multi-tenant property offering flexibility for a variety of retail uses. The building's excellent condition and strategic location make it an ideal investment for those seeking a strong return in a thriving market. The property's single-story design and ample parking contribute to its overall convenience and appeal. This is a rare opportunity to acquire a well-maintained, high-traffic retail space in a desirable location. The significant vacant square footage presents a unique chance to customize the space to meet specific business needs or to lease to multiple tenants, generating diverse income streams.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2008
    Total area 9,633 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
    Current use
    Occupant on record · Public records
    • Starbucks Cafe & Coffee Shop
    • Erin Fasula Physician
    • Katie Dixon Physician
    • Affordable Dentures & Implants Dental Office
    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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