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1432 S Main St
Rockford, IL 61102 Southwest Rockford

$1,468,691 USD

Freestanding For Sale  •  9,180 SF

Property Details

• Property Type Freestanding
• Total Building Size 9,451 SF
• Lot Size 0.88 AC
• Building Class B
• Year Built 2009
• Cap Rate 7.25 %
• Tenancy Single
• Zoning C4

30 Transit Score

50 Walk Score

Highlights

Tremendous Unit Level Sales ($2,768,376)

10 Year Early Lease Term Extension | 10% Increases In Option Periods (Three, Five-Year Options)

Corporate Guaranteed Lease by Family Dollar, LLC | 19 Year Operating History At This Location

Part of a Neighborhood Shopping Center Anchored by Regional Grocer | Rockford, IL Population of 147,486 People

NN Lease Structure with Tenant Reimbursing for CAM’s

Family Dollar – S&P Credit Rating of “B”

Property Flyers

Family Dollar_Rockford, IL (OM)

Financial Summary

Cap Rate:

7.25 %

Public Transportation

Airport	Drive	Walk	Distance
Chicago/Rockford International	16 min	-	7.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	200
Type:	Surface
Included in Rent:	Yes