For Sale

La-Z-Boy | Rockford,IL

Asking Price: $5,480,000 | Cap Rate: 6.55%

  • Net Operating Income: $358,800
  • Weighted Avg. Lease Term (WALT): 9 Years
  • Lease Type: Net

Property Highlights

  • Prime location in the heart of Rockford’s major retail corridor
  • New, institutional quality constriction
  • Excellent visibility with over 59,000 VPD at the intersection of Perryville Rd and State St
  • Signalized access from Perryville Road directly into property