Value-Add Opportunity: Multi-Tenant Retail Center in Rockford
Sold
3208 S. Alpine Rd.
Rockford, IL
13,850 SF
Retail Center
The Details
- 13,850 SF multi-tenant retail property
- Prominent signage
- 250’ of frontage on Alpine Road and 315’ of frontage on American Road (with 2 curb cuts)
- Value add opportunity
- Part of strong commercial corridor
- Great opportunity for a user or investor
- Land Area: 91,476 SF
- Traffic Count: 38,085 cars daily
- Zoning: Commercial
A rarely available 13,850 square foot retail property, Alpine Plaza, in Rockford is for sale. This multi-center is located on corner of Alpine and American Roads. The center includes two restaurants and a Subway franchise.
Currently, the property generates more than $70,000 of rent. With high visibility, the center has good frontage on both
Alpine and American Roads plus a large pedestal sign. This center is a good investment with value-add opportunities in a strong commercial corridor.
Rockford, the largest city in Illinois outside of the Chicago MSA, is located in the growing I-90 economic corridor. The city has a diverse economic base, with many businesses located along US 20/State Street.