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5811 Forest Hills Rd 950 - 6,844 SF of Retail Space Available in Rockford, IL 61114
HIGHLIGHTS
- Heavily trafficked main thoroughfare.
- Plenty of parking.
- Large storefront windows.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,652 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $29,979 CAD/YR $2,498 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2-3 | 2,600 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $47,182 CAD/YR $3,932 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 4 | 1,642 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $29,797 CAD/YR $2,483 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5861 | 950 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $17,240 CAD/YR $1,437 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 2-3
Large open space for many uses - retail, office, fitness, etc. Two separate rooms in rear.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Large storefront windows.
1st Floor, Ste 4
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 5861
Retail Space for lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail 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.
PROPERTY FACTS
| Total Space Available | 6,844 SF | Gross Leasable Area | 16,990 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Storefront | Parking Ratio | 4.83/1,000 SF |
| Total Space Available | 6,844 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 16,990 SF |
| Year Built | 1982 |
| Parking Ratio | 4.83/1,000 SF |
ABOUT THE PROPERTY
One remaining space available at a 16,990 square foot neighborhood retail center, Forest Hills Plaza. This established shopping center located on highly visible Forest Hills Road, Tenants include Thai and Mexican cuisine restaurants, a tattoo parlor, a lounge, a nail salon, a convenience store and more. Retailers in the immediate area includes Walmart, Walgreens, Planet Fitness, McDonald’s, CVS, Family Dollar and more. 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 bustling 2nd Street.
NEARBY MAJOR RETAILERS
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5811 Forest Hills Rd
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