Property profile

144 May Mart Dr Rochelle, IL 61068

OFF-MARKET
Specialty properties
58,376 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

Rochelle Commons offers a unique investment opportunity in Ogle County, Illinois. This 58,376 square foot multi-tenant property features a mix of retail, office, and special purpose spaces, currently with 30,604 square feet available. The center is strategically located on a major commercial corridor in Rochelle, boasting excellent visibility and accessibility. Its prime location offers easy access to Interstates 88 and 39, placing it within minutes of a full interchange. The property benefits from its proximity to significant traffic generators, including a Walmart Supercenter, McDonald's, Starbucks, Aldi's, Ace Hardware, Dunkin', Walgreens, Rochelle Community Hospital, The REC Center, Rochelle Park District, and Helms Park & Athletic Complex. Available spaces range from 2,080 to 13,000 square feet, providing flexibility for various business needs. Attractive incentives are available, including free rent concessions, a substantial tenant improvement allowance, and flexible lease terms. This property is under new management and presents a compelling opportunity for businesses seeking a high-traffic, well-positioned location near key amenities and transportation routes. The proximity to Rochelle Township High School, Rochelle Community Hospital, and Rochelle Municipal Airport further enhances its appeal.

Property profile

Verified
Property type Specialty properties
Total area 58,376 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
  • Auto Parts Store

Location

144 May Mart Dr Rochelle, IL 61068
Rochelle metro
Google Maps

Value estimations

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 144 May Mart Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message