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3701 - 3719 Auburn Street, Rockford, IL

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DetailMap
3701 - 3719 Auburn Street

Rockford, IL 61101-3201 - I-39 Corr/Winnebago Cnty Submarket


Property Type:Retail Sub Type:- Status:Existing Year Built:1966
Building Size:11,850 SF Land Area:1.6 AC (69,696 SF)
% Leased:
For Sale Price:$650,000 Price/SF:$54.85
Cap Rate:-
Smallest Space:1,050 SF Largest Space:1,050 SF Total Space Avail:2,100 SF Rent/SF/Yr:
$10.46
Parking:Free Surface spaces are available; Ratio of 4.05/1,000 SF
Features:Signalized Intersection


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
1,050 SF
$10.46/SF/Yr
Vacant
3-5 yrs
Retail
 1st
1,050 SF
$10.46/SF/Yr
Vacant
3-5 yrs
Retail
 
10122409
6163448
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
1,050 SF
$10.46/SF/Yr
Vacant
3-5 yrs
Retail
1st
1,050 SF
$10.46/SF/Yr
Vacant
3-5 yrs
Retail

Sale Notes:
82% leased, multi-tenant retail center for sale along Auburn Street in Rockford, IL. The
majority of the center is leased to tenants that have been at the location for at least 12
years. The Tenancy is a strong mix of retailers including Wong Wong Restaurant, who has
been at the center since 1996, Joe Beauty Supply, who is the largest tenant in the center
with 4,800 square feet and has been there since 2003, and Metro PCS, a national retailer.
With a net operating income (NOI) over approximately $56,000 at the current 82%
occupancy rate, the center offers investors a stable income producing asset with the
ability to add value by leasing up the vacant units.

Frontline Real Estate Partners
Joshua E Joseph
(847) 770-6262

Andrew Rubin
(224) 628-4005


Frontline Real Estate Partners
Zack Pearlstein
(847) 275-6106

Andrew Rubin
(224) 628-4005



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