6950 E Riverside Blvd - Retail FOR SALE


Loves Park, IL 61111- Outer Loves Park/Machesney Park
$3,333,335 USD
312-548-6822
6950 E Riverside Blvd, Loves Park, IL for Sale
$3,333,335 USD
Retail - FOR SALE
1/7
null | 5.25% Cap Rate

6950 E Riverside Blvd
Loves Park, IL 61111
Outer Loves Park/Machesney Park


HIGHLIGHTS

  • New Construction Long-Term Lease
  • Attractive Rent Increases
  • Zero Management Responsibilities
  • Dynamic Tenant
  • Strategic Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to acquire a new construction Dutch Bros located at 6950 E Riverside Boulevard in Loves Park, Illinois (the “Property”). The free-standing single tenant Dutch Bros consists of a 1,000 square foot building with a drive thru. Dutch Bros has a new 15-year Absolute NNN lease with three (3), five-year renewal options. The lease calls for attractive 10% rent increases every five years throughout the primary term and at the start of each renewal option. The Property is under construction with an anticipated rent commencement date of December 1, 2026. Dutch Bros benefits from a highly visible and well-positioned location along E Riverside Boulevard, one of the area's primary commercial and commuter corridors. Situated at 6950 E Riverside Boulevard, the site offers substantial frontage, prominent visibility, multiple points of access, and ample on-site parking in between two signalized intersections. The Property is located within a well-established retail corridor featuring a diverse mix of national and local retailers, restaurants, and automobile dealerships, which collectively generate consistent traffic and commercial activity. The surrounding area is further supported by major demand drivers, including Javon Bea Hospital – Riverside, nearby educational institutions such as Rock Valley College, Rockford University, Guilford High School and Christian Life Schools, and densely populated residential neighborhoods that provide a strong and reliable customer base. The Property also benefits from convenient access to regional highways and service from the municipal bus system. Additionally, Loves Park is strategically located approximately 6.5 miles northeast of Downtown Rockford, providing convenient connectivity to the broader Rockford metropolitan area.

FOR SALE DETAILS

PRICE

$3,333,335 USD

PRICE/SF

$3,333 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dutch Bros Coffee

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

-

APN/PARCEL ID

12-03-278-006

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

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Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.