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Investment Highlights

  • Located within Rockford’s Primary Regional Retail Trade Area, Surrounded by National Retailers including Costco, Target, Walmart Supercenter.
  • Benefiting from Immediate Access to Interstate 90, providing Strong Regional Connectivity throughout Northern Illinois, Southern Wisconsin.
  • Positioned Near Major Healthcare Employment Centers including OSF Saint Anthony Medical Center, Mercyhealth, and Javon Bea Hospital.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $99k within a 3-Mile Radius.
  • Down the Street From CherryVale Mall, Northern Illinois’ Premier Regional Shopping Destination Featuring Major National Retailers.
  • Located near Hard Rock Casino Rockford, a Significant Regional Entertainment Destination driving Increased Tourism, Hospitality Demand.

Executive Summary

Dutch Bros Coffee w/ Dual Dr-Thru | 15 Year Absolute NNN Lease Brand New 2026 Construction | Dominant East State Street Corridor | Outparcel to Major Retail Anchors | Primary Regional Retail Trade Area | Dense and Affluent Demographics | Immediate Interstate 90 Connectivity | Near Hard Rock Casino Rockford | Rare Fee Simple | Qualifies for Depreciation
Illinois Broker of Record: Steven Weinstock | One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 | P: (630) 570-2200 | Lic #: 471.011175 | Steven.Weinstock@MarcusMillichap.com

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,058 SF
Building Class
B
Year Built
2026
Price
$4,346,264 CAD
Price Per SF
$4,108.00 CAD
Cap Rate
5.25%
NOI
$228,179 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.55 AC

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Dutch Bros Coffee
  • Retailer
  • 1,058 SF
  • -
  • Triple Net
  • Jul 2041
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Dutch Bros Coffee Retailer 1,058 SF - Triple Net Jul 2041
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

Midland States Bank
Five Guys
Jason's Deli
Wing Snob
LongHorn Steakhouse
Orangetheory Fitness
Planet Fitness
Mission BBQ
Texas Roadhouse
Denny's
  • Listing ID: 40516237

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 7103 State st, Rockford, IL 61108

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