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2570 Charles St
Rockford, IL 61108 East Rockford

$2,677,000 USD

Fast Food For Sale  •  2,550 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,550 SF
  • Lot Size 3.8 AC
  • Building Class C
  • Year Built 2025
  • Cap Rate 6.35 %
  • Tenancy Single
  • Zoning C2
30 Transit Score
60 Walk Score

Highlights

Long-Term NNN Lease | 15-Year Term | 10% Increases Secured by a rare 15-year NNN lease with fixed 10% rental increases every 5 years
Passive, Hands-Off Investment Structure The investment benefits from a passive ownership structure
Brand New Construction | High-Capacity Drive-Thru New 2026 construction ±2,480 SF building on 1.32 acres
Corporate Gurantee The lease is backed by Starbucks Corporation (NASDAQ: SBUX | S&P: BBB+)
Rockford MSA Centrally located within the Rockford MSA, Illinois’ fourth-largest metro, with proximity to Chicago, Madison, and Milwaukee
Outparcel To Dominant Medical Retail Center Situated at a signlazied intersection and outparcel to the robust Rockford Plaza
Cap Rate: 6.35 %

Major Tenants

Tenant SF Occupied Lease End Date
Starbucks

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Chicago/Rockford International 18 min - 9.0 mi
Patrick Forkin 872-256-1031 Matthews Real Estate Investment Services
Patrick Forkin 872-256-1031 Matthews Real Estate Investment Services