6066 Strathmoor Dr Rockford, IL 61107
- Office Properties & Spaces
- 7,388 SF
- 0.45 lot acres
Current Use by Public Records
- Thomas B. Dudgeon, PHD / Psychologist
- Didier Counseling Associates / Psychologist
- Midwest Dental - Rockford / Dentist / Cosmetic Dentist
- Dr. Matthew Anderson / Dentist
- Michael Michalik, PHD / Psychologist
Property Details for 6066 Strathmoor Dr
- Year built
- 1981
- Lot size
- 0.45 lot acres
- Property size
- 7,388 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity presents a 7,388 square foot, single-story Class B medical and traditional office building located at 6066 Strathmoor Dr, Rockford, IL 61107. Situated on a 0.45-acre lot in Winnebago County, this property benefits from a prime location near N Mulford Rd and E State St, providing excellent visibility and accessibility to major thoroughfares, retail centers, and residential areas. The building features 17 parking spaces and is zoned C1. Constructed in 1981, the property currently houses two tenants, with Midwest Dental, Inc. occupying 80% of the space under a triple net (NNN) lease since 2013. Midwest Dental, a significant dental care provider with a substantial national presence, ensures stable cash flow and low management requirements for the investor. This multi-tenant setup offers a diversified income stream and potential for future growth. The property's 80% occupancy rate provides immediate return on investment, making it an attractive opportunity for those seeking a low-maintenance, high-yield commercial real estate asset. The building offers two units totaling 7,388 square feet.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rockford
- County
- Winnebago
- State
- Illinois
- Longitude
- -88.9982
- Latitude
- 42.2725
