Property profile

6150 State St Rockford, IL 61108

OFF-MARKET
Retail properties & Spaces
433,816 SF
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Property summary

AI-generated overview

Forest Plaza, located at 6150 E State St in Rockford, Illinois (zip code 61108), presents a prime retail opportunity within a thriving power center. This multi-tenant property boasts a total of 433,816 square feet, offering exceptional flexibility for businesses of various sizes. Currently, there are three available spaces ranging from a minimum of 1,120 square feet to a maximum contiguous space of 35,800 square feet, providing ample room for expansion or smaller-scale operations. The property's strategic location in Winnebago County ensures high visibility and accessibility for customers. With a significant amount of vacant space totaling 45,038 square feet, this presents a unique chance to establish a strong presence in a well-established retail center. The property's classification as a power center indicates its potential for attracting a large customer base and generating substantial foot traffic. This is an ideal location for businesses seeking high visibility and a strong presence in the Rockford market. The available spaces offer a range of sizes to accommodate diverse business needs, making Forest Plaza an attractive option for a variety of retail tenants. Interested parties are encouraged to inquire about lease terms and availability.

Property profile

Verified
Property type Retail properties & Spaces
Total area 433,816 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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store
  • Mobile Phone Store Electronics & Wireless Store
  • Eye Care Center Contact Lenses Supplier
  • Physician
  • Physician

Location

6150 State St Rockford, IL 61108
Rockford metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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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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