Rock Point Mall Retail Center For Sale

2607-2693 20th Street Rockford, IL 61109

2607-2693 20th Street, Rockford, IL, 61109
2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109 2607-2693 20th Street, Rockford, IL, 61109
FOR SALE FOR LEASE
Property Type:
Strip Center
Amount:
$675,000
Last Verified:
Nov 06, 2024

Daily Email Blast
0 times


Highlights


Description

SVN is pleased to exclusively represent Rock Point Mall, a value-add retail strip center opportunity at 2607-2693 20th Street in Rockford, Illinois. This 11-unit retail strip mall has a variety of local businesses, 70% leased, and three available units, ±950 to 2,150 SF with frontage on 20th Street directly across from Aldi grocery. Pylon and facade signage. Priced below replacement cost.

SVN is pleased to exclusively represent a retail lease opportunity at 2607-2693 20th Street in the Rock Point Mall, Rockford. This 11-unit retail strip mall has a variety of local businesses. Three available units from +/- 950 SF to 2,150 SF each with private restroom and storage. Frontage along 20th Street.

Rockford is the largest city in Illinois outside the Chicago metropolitan area. Located in Winnebago County it is approximately 85 miles northwest of Chicago. Close to US 20 adjoining I-39.


Year Built: 1992
Building Size: 11382sq ft
Lot Size: 1.1 acres


Documents

SVN - Sale Brochure BOM 2024
NEW - Lease Brochure 2024

Units for Lease

2607
Space Available: 1300 SF
Lease Type: NNN

Price Per Sqft/Year: $10.00
2675
Space Available: 1200 SF
Lease Type: NNN

Price Per Sqft/Year: $10.00
2681
Space Available: 950 SF
Lease Type: NNN

Price Per Sqft/Year: $10.00

Map of 2607-2693 20th Street, Rockford, IL, 61109

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.