Citgo Gas Station in Heavily Trucked Corridor in Rockford
No Longer Available
2233 Kishwaukee St.
Rockford, IL 61104
2,900 SF
Gas Station and Retail
The Details
- Citgo gas station plus 2,900 SF convenience store
- Rental Rate: $4,728/mo. NNN
- 2.5% annual increases
- Est. 2016 NOI: $57,206
- 4 pumps with 8 fueling stations
- Located in heavily trucked corridor
- Parking area sublet to U-Haul
- Potential to expand retail space
- Land Area: 25,500 SF
- Traffic Count: 13,300 cars daily
- Zoning: I1, light industrial
- Part of Rockford Enterprise Zone
- Taxes (2015): $10,606
Business and Inventory Also Available
On a busy thoroughfare in Rockford, this Citgo-branded gas station includes four pumps plus a 2,900 square foot convenience store. The property is leased for $4,728 per month triple net with 2.5% annual increases. A portion of the site is sublet to U-Haul for parking. There is potential to expand and lease the retail space to a Subway franchise as well as adding diesel pumps. Close to an industrial park and residential properties, the gas station is in a heavily trafficked corridor, passed by more than 13,300 cars daily.
Rockford is the third largest city in Illinois with a diverse economic base in the automotive, aerospace, and healthcare industries, as well as service industries.