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North Towne Mall 3601-3699 N Main St 1,800 - 109,677 SF of Retail Space Available in Rockford, IL 61103
HIGHLIGHTS
- Tax Incentives available . Please call Karl F. Franzen 779-348-7419 Economic Development Coordinator with the City of Rockford
- Tenants including , Goodwill, Save-A-Lot, McDonald's, Chase Bank
- Multi-million dollar IDOT road renovations completed on Riverside and Main Street with access to new Bike Path
- I-90 is now 70 MPH from Riverside Blvd. to Mount Prospect Road in Mount Prospect. Access from the Northwest Suburbs significantly enhanced.
- 21,000 Average Daily Traffic Count on Riverside Blvd. (2017)
- McDonalds undergoing major renovation; Major multi-million dollar renovation of adjacent hotel completed in 2018
SPACE AVAILABILITY (6)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 22,500-63,200 SF | 3-5 Years | $6.98 CAD/SF/YR $0.58 CAD/SF/MO $441,111 CAD/YR $36,759 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 130 | 9,417 SF | 3-5 Years | $13.55 CAD/SF/YR $1.13 CAD/SF/MO $127,642 CAD/YR $10,637 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 140 | 2,400 SF | 3-5 Years | $13.61 CAD/SF/YR $1.13 CAD/SF/MO $32,665 CAD/YR $2,722 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 150 | 1,800 SF | 3-5 Years | $13.61 CAD/SF/YR $1.13 CAD/SF/MO $24,498 CAD/YR $2,042 CAD/MO | Modified Gross | ||
| 1st Floor, Ste 320 | 6,160 SF | 3-5 Years | $8.15 CAD/SF/YR $0.68 CAD/SF/MO $50,217 CAD/YR $4,185 CAD/MO | Modified Gross | ||
| 1st Floor, Ste Theater | 26,700 SF | 3-5 Years | $2.44 CAD/SF/YR $0.20 CAD/SF/MO $65,224 CAD/YR $5,435 CAD/MO | Modified Gross |
864-1060 W Riverside Blvd - 1st Floor
~40,700 square feet on first floor, divisible ~22,500 square feet on second floor Docks and elevator. Vacant below grade contiguous space can add another 28,000 square feet. Previously operated as a fully operational furniture showroom with distribution.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 89,900 SF of adjacent space
- 2 Loading Docks
864-1060 W Riverside Blvd - 1st Floor - Ste 130
Retail space with open floor plan ready for use or buildout.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
864-1060 W Riverside Blvd - 1st Floor - Ste 140
Retail space with open floor plan ready for use or buildout.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
864-1060 W Riverside Blvd - 1st Floor - Ste 150
Space was previously built out as a tanning salon & used as a retail shop. Ready for use or buildout.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
864-1060 W Riverside Blvd - 1st Floor - Ste 320
Dock in rear with access to lower level space. Retail space with open floor plan ready for use or buildout.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
864-1060 W Riverside Blvd - 1st Floor - Ste Theater
Prior use was a 6 screen 1166 seat theater.
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 89,900 SF of adjacent space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
SELECT TENANTS AT NORTH TOWNE MALL
- Goodwill Outlet Store
- Gustafon's Furniture
- Save-A-Lot
PROPERTY FACTS
| Total Space Available | 109,677 SF | Center Properties | 2 |
| Min. Divisible | 1,800 SF | Gross Leasable Area | 299,285 SF |
| Max. Contiguous | 89,900 SF | Total Land Area | 20.63 AC |
| Center Type | Community Center | Year Built | 1954 |
| Parking | 1400 Spaces | Cross Streets | N Main St & Riverside Blvd |
| Stores | 46 |
| Total Space Available | 109,677 SF |
| Min. Divisible | 1,800 SF |
| Max. Contiguous | 89,900 SF |
| Center Type | Community Center |
| Parking | 1400 Spaces |
| Stores | 46 |
| Center Properties | 2 |
| Gross Leasable Area | 299,285 SF |
| Total Land Area | 20.63 AC |
| Year Built | 1954 |
| Cross Streets | N Main St & Riverside Blvd |
ABOUT THE PROPERTY
21,000 average daily traffic count on Riverside Boulevard 10,000 , 73,000, 169,000 people in 1-3-5 mile radius. 10,000 apartment units within 3 miles. Tenants include Save-A-Lot, McDonald's , Chase Bank, Goodwill and Subway Northwest side of Rockford at the Corner of Main and Riverside in and under-retailed market with ~10,000 people within 1 mile radius; ~$48,000 Avg. HH Income ~70,000 people within 3 mile radius; ~$54,000 Avg. HH Income ~11,000 renter occupied units within 3 miles Abundance of parking McDonald' s has been the one of the highest grossing stores in region. Bus stop on property connecting Loves Park and Rockford Sportscore soccer, baseball, softball complex 5 minutes from property 105 room hotel/banquet/convention center adjacent to property spent $2 million on renovations in 2018. Wal-Mart supercenter within 2 miles of the property on Riverside Boulevard. A bus stop transfer point is located in front of Save-A-Lot connecting bus lines from Loves Park to Rockford serving the property. Sportscore soccer, baseball, softball complex 5 minutes from property attracts 1 million visitors to the area.
- Air Conditioning
- Restaurant
- Signage
NEARBY MAJOR RETAILERS
Presented by
Windmill Hill LC
North Towne Mall | 3601-3699 N Main St
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