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4412 Manchester Dr

5,000 SF Retail Building Rockford, IL 61109 $1,200,000 ($240/SF)

Investment Highlights

  • Traffic Count of 31,500 at Alpine Entrance and 21,100 at Harrison Avenue Entrance
  • 74,514 people within 3 mile radius; $60,138 Avg. HH Income
  • McDonalds, Arby's, and Chase Bank sites touch the subject property site and share ingress and egress between properties.
  • 11,050 people within 1 mile radius; $57,746 Avg. HH Income
  • 9,990 renter occupied units (32.7%) within 3 miles
  • Across the Street from Collins Aerospace

Executive Summary

Turn-key bar and business opportunity available, featuring 6 valuable gaming licenses. Fully equipped and ready for immediate operation, ideal for an investor or operator looking to enter or expand in a lucrative market.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $65,000 $13.00
Other Income $135,835 $27.17
Vacancy Loss - -
Effective Gross Income $200,835 $40.17
Taxes $30,504 $6.10
Operating Expenses - -
Total Expenses $30,504 $6.10
Net Operating Income - -

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $65,000
Annual Per SF $13.00
Other Income
Annual $135,835
Annual Per SF $27.17
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $200,835
Annual Per SF $40.17
Taxes
Annual $30,504
Annual Per SF $6.10
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $30,504
Annual Per SF $6.10
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,000 SF
Building Class
C
Year Built/Renovated
1986/2005
Price
$1,200,000
Price Per SF
$240
Business Value
$500,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.45 AC
Zoning
C3 - Commercial Retail
Parking
28 Spaces (5.6 Spaces per 1,000 SF Leased)
Frontage
1,226 FT on South Alpine Road

Amenities

  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

About 4412 Manchester Dr , Rockford, IL 61109

**Prime Restaurant/Retail Space Available for Lease** This well-appointed restaurant/retail space offers a range of modern amenities designed for optimal business operations and customer comfort. The property is equipped with tenant-controlled HVAC and air conditioning systems, allowing for customized climate control to suit any business need. A comprehensive security system is already in place, providing peace of mind and safety for both staff and patrons. Visibility and branding opportunities are maximized with prominent signage capabilities, ensuring high exposure to foot and vehicle traffic. The space is fully wheelchair accessible, adhering to ADA standards and enhancing accessibility for all customers. Additionally, smoke detectors are installed throughout the premises, ensuring compliance with safety regulations. This turnkey space is ideal for restaurant or retail use, offering a move-in-ready solution in a high-traffic area. Don’t miss out on this opportunity to position your business in a prime location with all the essential features for success.

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Screw City Tavern
  • -
  • 5,000 SF
  • -
  • Jan 2025
Tenant Industry SF OCCUPIED RENT/SF Lease End
Screw City Tavern - 5,000 SF - Jan 2025

Nearby Major Retailers

Chase
Starbucks
Planet Fitness
PNC Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
16-05-131-005
Land Assessment
$21,767
Improvements Assessment
$48,773
Total Assessment
$70,540
Annual Taxes
$30,504 ($6.10/SF)
Tax Year
2023
  • Listing ID: 32999853

  • Date on Market: 8/29/2024

  • Last Updated:

  • Address: 4412 Manchester Dr, Rockford, IL 61109

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