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6007-6455 E State St
Rockford, IL 61108

Forest Plaza · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • PREMIER RETAIL CENTER | #1 SHOPPING CENTER IN MARKET
  • HIGH PERFORMING TENANTS | STRONG SALES | OUTSTANDING PLACER.AI RANKINGS
  • STRONG TENANT RETENTION | RECENT LEASING MOMENTUM 16-YEAR WEIGHTED AVG TENANT TENURE
  • DESIRABLE ROCKFORD LOCATION | #1 HOUSING MARKET IN UNITED STATES #10 CITY WITH LOWEST COST OF LIVING (NICHE)

EXECUTIVE SUMMARY

Mid-America Real Estate Corporation has been exclusively retained on behalf of the owner to sell the 100% fee simple interest in Forest Plaza, the premier super-regional retail destination serving the Rockford MSA.

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
439,471 SF
Building Class
B
Year Built/Renovated
1985/1994
NOI
$5,701,990
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
4 Exterior
Building FAR
0.78
Lot Size
12.93 AC
Zoning
C2
Parking
2,355 Spaces (5.36 Spaces per 1,000 SF Leased)
Frontage
695’ on E State St

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12-27-103-010
Land Assessment
$624,683
Improvements Assessment
$2,197,104
Total Assessment
$2,821,787
  • Listing ID: 33599363

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 6007-6455 E State St, Rockford, IL 61108

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