2137 S Perryville Rd | Rockford, IL 61112
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- LoopNet Team
2137 S Perryville Rd
Rockford, IL 61112
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long term lease with over 16 years remaining on the initial term with 4, 5-year options to extend.
- Outparceled to a Menards home improvement store located near a hard-signalized corner (25,000 VPD) with incredible visibility.
- 1.75% annual increases commencing July 1st, 2022 – A strong hedge against inflation.
- Across the street from the CherryVale Mall | Largest shopping mall in northern Illinois outside suburban Chicago
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,664 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.73 AC
Zoning
CG
PROPERTY TAXES
| Parcel Number | 12-34-426-013 | Improvements Assessment | $88,612 |
| Land Assessment | $45,175 | Total Assessment | $133,787 |
PROPERTY TAXES
Parcel Number
12-34-426-013
Land Assessment
$45,175
Improvements Assessment
$88,612
Total Assessment
$133,787
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