Property profile

5439-5505 State St Rockford, IL 61108

OFF-MARKET
Retail properties & Spaces
101,566 SF Built 1986
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Property summary

AI-generated overview

This exceptional retail property, located at 5439-5505 E State Street in Rockford, Illinois, offers a prime opportunity for businesses seeking high visibility and accessibility. The single-story building, constructed in 1986, boasts a total of 101,566 square feet, with 28,400 square feet currently vacant. Units range from a minimum of 12,230 square feet to a maximum contiguous space of 16,170 square feet, making it suitable for a variety of retail, restaurant, or office uses. The property sits on a 7.7-acre lot and provides ample parking with 300 spaces. Its location on Rockford's main shopping corridor ensures high traffic counts and excellent visibility, enhanced by prominent State Street frontage and signage opportunities. The property benefits from its proximity to established businesses such as Guitar Center, Tricoci University, and Walgreens. The building is zoned commercial and is situated in Winnebago County, offering easy access to major transportation routes. This location provides access to a large consumer base, given Rockford's position as a regional hub with a strong economy and diverse cultural attractions. The property's size and flexibility make it an ideal investment for businesses seeking to establish or expand their presence in a thriving market. The available space presents a unique opportunity to capitalize on the high traffic volume and strong local economy.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1986
Total area 101,566 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5439-5505 State St Rockford, IL 61108
Rockford metro
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Value estimations

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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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