commercial real estate for lease

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Page 1: Commercial Real Estate For Lease

ROCKFORD

FOR LEASE

ROCKFORD, IL

FOR LEASE

MEMORANDUM

CONTACT: HTTP://REALTY.SWILABS.COM worldwidescout @ yahoo . com

Page 2: Commercial Real Estate For Lease

ROCKFORD PLAZA ROCKFORD, IL

Property Overview

Located on the ever popular State Street next to downtown Rockford, we're happy to provide the opportunity for a retail operation to lease space at a business-friendly rate from a conscientious landlord. Formerly a popular Big Lots store. Now is the time for potential tenants to secure the space for themselves.

This highly trafficked location is ideal for any retail operation. With an average daily traffic count of approximately 30,000 cars per day, this is an ideal location for your retail operation. The space shares the same lot as The Secretary of State Driver's License Facility, Domino's Pizza, the San Jose Cultural Center, Bally's, L.A. Tan, Family Dollar and more. It is also across the street from Taco Bell and the popular Bowling Alley.

Rockford is a major city located on both banks of the Rock River in far northern Illinois (just NW of Chicago). Rockford is often referred to as "The Forest City" and is the county seat of Winnebago County, Illinois, USA. As reported in the 2000 U.S. census, the city was named the third-largest city in Illinois after Chicago and Aurora. The metropolitan area has 339,178 residents as of the 2000 census. During the latter part of the 20th century Rockford was the second largest city in Illinois.

Page 3: Commercial Real Estate For Lease

ROCKFORD PLAZA ROCKFORD, IL

Offering Summary Asking Rent $5 Sqft, NNN (negotiable for leases longer than 5 years)

Gross Square Feet 30,395 (divisible and expandable)

READY FOR RETAIL

CONTACT HTTP://REALTY.SWILABS.COM - WORLDWIDESCOUT @ YAHOO . COM

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Page 4: Commercial Real Estate For Lease

ROCKFORD PLAZA ROCKFORD, IL

ANNUAL NNN EXPENSES – ONLY $1.47 per Square Foot!

NNN EXPENSES

RE Taxes $65,596.00

Insurance $3,770.00

Maintenance $4,800.00

Landscaping $1,350.00

Snow Removal $6,056.00

Parking Lot Sweeping $6,000.00

Security/Alarm $1,150.93

Water & Sewer $2,918.19

Electric $2,238.64

Management $18,000.00

Total CAM $46,283.76

Total Expenses $111,879.76

NNN Share (.40 proration) $44,751.90

Per Square Foot Cost $1.47

Page 5: Commercial Real Estate For Lease

ROCKFORD PLAZA ROCKFORD, IL

Approximately 30,000 cars per day! Average Daily Traffic Count

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Page 6: Commercial Real Estate For Lease

ROCKFORD PLAZA ROCKFORD, IL

Aerial Photo

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Page 7: Commercial Real Estate For Lease

ROCKFORD PLAZA

RETAIL BUILDING

ROCKFORD, IL

FOR LEASE MEMORANDUM

CONTACT:

HTTP://REALTY.SWILABS.COM

worldwidescout @ yahoo . com