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6280 E State St
Rockford, IL 61108 East Rockford

$5,389,000 USD

Storefront For Sale  •  24,800 SF

Property Details

• Property Type Storefront
• Total Building Size 24,800 SF
• Lot Size 1.66 AC
• Building Class B
• Year Built 1996
• Cap Rate 7.75 %
• Tenancy Multiple

30 Transit Score

60 Walk Score

Highlights

Fully Occupied Strip: 100% occupied four-tenant retail building

Long-Term Leases: ~7 years of WALT

Shopping Center Outparcel: Pad to State Street Market, a 193K SF shopping center anchored by Schnucks, Burlington, and PetSmart

Attractive Basis: Low price per foot ($217.30)

Tenancy Momentum: Three of the four tenants signed leases since 2024, demonstrating recent dedication to the location

Affluent Submarket: $106,000 average household incomes within a 3-mile radius of the subject property

Property Flyers

StateStreetPad_RockfordIL

Cap Rate:

7.75 %

Public Transportation

Airport	Drive	Walk	Distance
Chicago/Rockford International	23 min	-	12.6 mi