Rockford Crossings | Rockford, IL
For Sale
Rockford Crossings | Rockford, IL
Asking Price: $12,330,000
| Cap Rate: 7.3%
- Net Operating Income: $899,911
- Weighted Avg. Lease Term (WALT): 5 Years
- Lease Type: Net
Property Highlights
- Lease Extensions from Best Buy and Ross amidst COVID-19 showing incredible commitment to the location
- 100% leased to national tenants: Best Buy, Ross Dress For Less, Hallmark, Great Clips, and Little Caesars
- Excellent visibility with over 59,000 VPD
- Prime location in the heart of Rockford’s major retail corridor which will drive more traffic to the subject property
