1700 1st Ave | Rock Falls, IL 61071
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- LoopNet Team
1700 1st Ave
Rock Falls, IL 61071
Retail Property For Sale
Investment Highlights
- CORPORATE GUARANTY | INVESTMENT GRADE CREDIT (S&P: BBB) | $132.51 BILLION IN FY 2021 | 18,500+ LOCATIONS
- PROMINENT ROCK FALLS, IL LOCATION AT THE INTERSECTION OF W ROCK FALLS RD & 1ST AVE (33,220 VPD) | HIGHLY VISIBLE & EASILY ACCESSIBLE SITE
- RECENT LEASE EXTENSION | 13 YEARS OF FIRM TERM REMAINING | PASSIVE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.83 AC
Zoning
Commercial
Parking
53 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
227 FT on Lindy Avenue
PROPERTY TAXES
| Parcel Number | 1133429008 | Improvements Assessment | $483,519 |
| Land Assessment | $62,481 | Total Assessment | $546,000 |
PROPERTY TAXES
Parcel Number
1133429008
Land Assessment
$62,481
Improvements Assessment
$483,519
Total Assessment
$546,000
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