3434 Colony Bay Dr, Rockford, IL 61109
This exceptional 50,000 square foot office condominium is situated in the Sandy Hollow Commons complex at a highly visible, signalized intersection in Rockford, Illinois. The property boasts a prime location, just two blocks from the US Highway 20 interchange, ensuring excellent accessibility and high traffic exposure. This particular unit is currently vacant and readily available for immediate occupancy, with a lockbox for convenient showings. The building itself is a modern, energy-efficient structure. The asking price is $85,320, and attractive seller financing is available with a 20% down payment. Alternatively, the property can be leased for a monthly rent of $820, inclusive of taxes and common area maintenance (CAM) charges. There are a total of three units available for immediate occupancy. Furthermore, four additional units located at the east end of the building offer build-to-suit opportunities, providing flexibility for tenants with specific space requirements. The property sits on a 2.74-acre lot, offering ample space and potential for future expansion or development. This presents a unique opportunity for businesses seeking a well-located, modern, and efficient office space in a thriving area. Don't miss this chance to secure a highly desirable commercial property in Rockford.
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Automotive Finance Corporation Business Management Consultant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.