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DUTCH BROS COFFEE w/DR-THRU | 15YR ABS. NNN 7103 State st 1,058 SF Retail Building Rockford, IL 61108 $4,284,685 CAD ($4,049.80 CAD/SF) 5.50% Cap Rate



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
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
Building Size
1,058 SF
Building Class
B
Year Built
2026
Price
$4,284,685 CAD
Price Per SF
$4,049.80 CAD
Cap Rate
5.50%
NOI
$235,687 CAD
Tenancy
Single
Building Height
1 Story
Lot Size
8.40 AC
Zoning
C2 - Commercial
Frontage
275’ on East State Street
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
Property Taxes
| Parcel Number | 12-23-351-008 | Improvements Assessment | $3,346,566 CAD |
| Land Assessment | $947,430 CAD | Total Assessment | $4,293,996 CAD |
Property Taxes
Parcel Number
12-23-351-008
Land Assessment
$947,430 CAD
Improvements Assessment
$3,346,566 CAD
Total Assessment
$4,293,996 CAD
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DUTCH BROS COFFEE w/DR-THRU | 15YR ABS. NNN | 7103 State st
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