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CLASS-A OFFICE - High Profile Corner 6000 E State St
68,998 SF 100% Leased Office Building Rockford, IL 61108 For Sale 11.01% Cap Rate
Investment Highlights
- 88% NNN Leased Multi-Tenant Office Investment Opportunity
- Prominent Hard-Corner Location - Over 60,000 ADT
- 10.01% Cap on Year-1 NOI - Room to Lever AND Cashflow!
Executive Summary
-
The Rockford, IL MSA features +/- 340,000 residents and is located along the I-90 corridor between Chicago and Milwaukee. Locally, the post-COVID office category continues to be supported by an active and diverse marketplace and consistent growth in core business sectors such as automotive and aerospace manufacturing, logistics, healthcare and higher education. Broker interest.
Property Facts
Amenities
- Atrium
- Banking
- Bus Line
- Conferencing Facility
- Storage Space
- Central Heating
- Shower Facilities
- Monument Signage
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Class-A professional office setting - City central location at high traffic intersection. NEC State & Mulford - over 64,000 vehicles per day! --- 9,746 RSF - current main floor, retail banking tenant vacating (building new). Ideal for bank, credit union, financial institution. Can be remodeled to general office. Download brochure for more detail. --- 6,025 RSF professional office space available on 5th floor (top floor). Divisible. --- 861 RSF professional / executive office suite available on 2nd floor just off the beautiful 2-story open atrium. --- Contact broker for current pricing. Turnkey remodel available. Broker interest.
Total of 11,912 RSF available for immediate occupancy with mix of open space and private offices. Leasing incentives include Tenant Improvement Allowance and base rental abatement based on term/ credit - contact listing broker. Prominent class-A office location at the hard corner of E State & Mulford in Rockford, IL boasting over 60,000 vehicles per day. Contact broker for current pricing.
Class-A professional office setting - City central location at high traffic intersection. NEC State & Mulford - over 64,000 vehicles per day! --- 9,746 RSF - current main floor, retail banking tenant vacating (building new). Ideal for bank, credit union, financial institution. Can be remodeled to general office. --- 6,025 RSF professional office space available on 5th floor (top floor). Divisible. --- 861 RSF professional / executive office suite available on 2nd floor just off the beautiful 2-story open atrium. --- Contact broker for current pricing. Turnkey remodel available. Broker interest.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 9,746 SF | Office/Retail | Full Build-Out | Jan 2025 |
| 2nd Fl-Ste 210 | 861 SF | Office | - | 30 Days |
| 5th Fl-Ste 530 | 6,025 SF | Office | - | 30 Days |
1st Floor
| Size |
| 9,746 SF |
| Space Use |
| Office/Retail |
| Condition |
| Full Build-Out |
| Available |
| Jan 2025 |
2nd Fl-Ste 210
| Size |
| 861 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
5th Fl-Ste 530
| Size |
| 6,025 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 9,746 SF |
| Space Use | Office/Retail |
| Condition | Full Build-Out |
| Available | Jan 2025 |
Class-A professional office setting - City central location at high traffic intersection. NEC State & Mulford - over 64,000 vehicles per day! --- 9,746 RSF - current main floor, retail banking tenant vacating (building new). Ideal for bank, credit union, financial institution. Can be remodeled to general office. Download brochure for more detail. --- 6,025 RSF professional office space available on 5th floor (top floor). Divisible. --- 861 RSF professional / executive office suite available on 2nd floor just off the beautiful 2-story open atrium. --- Contact broker for current pricing. Turnkey remodel available. Broker interest.
2nd Fl-Ste 210
| Size | 861 SF |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
Total of 11,912 RSF available for immediate occupancy with mix of open space and private offices. Leasing incentives include Tenant Improvement Allowance and base rental abatement based on term/ credit - contact listing broker. Prominent class-A office location at the hard corner of E State & Mulford in Rockford, IL boasting over 60,000 vehicles per day. Contact broker for current pricing.
5th Fl-Ste 530
| Size | 6,025 SF |
| Space Use | Office |
| Condition | - |
| Available | 30 Days |
Class-A professional office setting - City central location at high traffic intersection. NEC State & Mulford - over 64,000 vehicles per day! --- 9,746 RSF - current main floor, retail banking tenant vacating (building new). Ideal for bank, credit union, financial institution. Can be remodeled to general office. --- 6,025 RSF professional office space available on 5th floor (top floor). Divisible. --- 861 RSF professional / executive office suite available on 2nd floor just off the beautiful 2-story open atrium. --- Contact broker for current pricing. Turnkey remodel available. Broker interest.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,714,248 | |
| Land Assessment | $462,898 | Total Assessment | $2,177,146 |
PROPERTY TAXES
-
C. Shane Van Sickle - LandMark Real Estate Group LLC
Presented by
LandMark Real Estate Group LLC
CLASS-A OFFICE - High Profile Corner | 6000 E State St
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