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the roomplace 7340 E State Rd 41,618 SF of Retail Space Available in Rockford, IL 61108
HIGHLIGHTS
- Prime 40,731 SF available in top retail corridor
- Pylon Signage on E. State St.
- Plentiful parking that can be expandable
- Divisible to 10,000 SF and 30,000 SF
- High traffic counts at 24,900 VPD
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 41,618 SF | 12’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
7340 E State Rd - 1st Floor
+ Prime 41,618 SF space available on Rockford’s top retail corridor + May be divided to +/- 10,000 SF and +/- 30,000 SF + Excellent visibility with high traff ic counts at 24,900 VPD + Highly visible E. State St. pylon signage + Access from E. State St. at Buckley Dr. (signalized) and from Sundae Dr. (right in/right out) + Built in 1995 and renovated in 2016 + Current parking is 1.7 spaces/1,000 SF. Expandable to 3.09 spaces/1,000 SF + Ceiling Height: 12’ + Clear Height: 13’ 5” + Strong demographics and labor pool
- Partially Built-Out as Standard Retail Space
- Finished Ceilings: 12’
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 | 41,618 SF | Gross Leasable Area | 41,618 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.96 AC |
| Center Properties | 1 | Year Built | 1995 |
| Frontage | 236’ on E. State St. |
| Total Space Available | 41,618 SF |
| Center Type | Neighborhood Center |
| Center Properties | 1 |
| Frontage | 236’ on E. State St. |
| Gross Leasable Area | 41,618 SF |
| Total Land Area | 3.96 AC |
| Year Built | 1995 |
ABOUT THE PROPERTY
+ Prime 40,731 SF space available on Rockford’s top retail corridor + May be divided to +/- 10,000 SF and +/- 30,000 SF + Excellent visibility with high traffic counts at 24,900 VPD + Highly visible E. State St. pylon signage + Access from E. State St. at Buckley Dr. (signalized) and from Sundae Dr. (right in/right out) + Built in 1996 and renovated in 2016
NEARBY MAJOR RETAILERS
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the roomplace | 7340 E State Rd
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