Forest Plaza
Market Price
6125 East State Street, Rockford, IL 61108
For Sale
Retail
Neighborhood Center
Pending
Last Updated: 01/13/2025
5,701,990
NOI
439,471 sqft
Building Size
Details:
NOI: $5,701,990
Building Size: 439,471 sqft
Lot Area: 50.31 acres
Occupancy: 98.1%
Tenancy: Multiple
Highlights:
- PREMIER RETAIL CENTER | #1 SHOPPING CENTER IN MARKET
- STRONG TENANT RETENTION | RECENT LEASING MOMENTUM 16-YEAR WEIGHTED AVG TENANT TENURE
- HIGH PERFORMING TENANTS | STRONG SALES | OUTSTANDING PLACER.AI RANKINGS
- DESIRABLE ROCKFORD LOCATION | #1 HOUSING MARKET IN UNITED STATES #10 CITY WITH LOWEST COST OF LIVING (NICHE)
- IRREPLACEABLE LOCATION | HEART OF STATE STREET RETAIL CORRIDOR
- COMPLEMENTARY OUTLOTS | BASIS REDUCTION STRATEGIES
- MARK TO MARKET OPPORTUNITIES OVER THE NEXT 5 YEARS
Description:
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.
Documents:
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Forest_Plaza_Flyer.pdf | ||
Forest_Plaza_OM.pdf
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