4843 Bluestem Rd Roscoe, IL 61073-7794

Property Details for 4843 Bluestem Rd

Year built

2000

Property size

15,750 SF

Property type

Commercial real estate

APN

04-29-428-008

APU

429428008

Description

This exceptional investment opportunity presents a single-tenant, absolute NNN leased retail property located at 4843 Bluestem ROAD, Roscoe, IL 61073. The property, built in 2000, boasts a 2.3-acre lot with approximately 83 parking spaces, and features a single-story, 100% occupied building. The current tenant is a major pharmacy chain with an investment-grade credit rating (S&P: BBB) and a full corporate guarantee, ensuring strong cash flow. The lease has approximately 7 years remaining, providing long-term stability. The property generates a substantial net operating income (NOI) of $231,885, resulting in a compelling 9.00% cap rate. The property benefits from a prime location near N 2nd St (approximately 27,800 vehicles per day), strong local and national retail competition (including Schnucks, Subway, Dollar General, McDonald's, and Burger King), and proximity to a new Starbucks. The surrounding area demonstrates robust demographics, with an average household income of $139,885 within one mile and a total population exceeding 154,652 residents within a five-mile radius. Further enhancing the property's value are the excellent local schools and ongoing downtown redevelopment projects. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with significant upside potential. The asking price is $2,576,500.

Location Insight

City

Roscoe

County

Winnebago

State

Illinois

Longitude

-89.0227

Latitude

42.4328

CBSA code

40420

CBSA name

ROCKFORD, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments