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Faits saillants de l'investissement
- Mixed-Use Community Center | Many National, Service-Based, and Medical Tenants
- Historically Stabilized Property with Long-Term Tenants
- Retail Space has Add-Value Potential | Over 89% Occupied with all Net-Leased Tenants
- National Tenants in the Retail Center Include Dunkin’ (With a Drive-Thru), Anytime Fitness, Ace Hardware, Edward Jones, and Addus Healthcare
- The Office Building is 100% Occupied with Tenants from Various Industries
- Highly Frequented Location on the Hard-Corner of a Stoplight Intersection
Résumé de l'annonce
This mixed-use community center is anchored by a strong mix of national, service-based, and medical tenants including Dunkin’ with a drive-thru, Anytime Fitness, Ace Hardware, Edward Jones, and Addus Healthcare. The property has a long-standing history of stability, with several tenants executing long-term lease commitments of over 20 years, including Ace Hardware (56 years), Dental Dimensions (36 years), Edward Jones (20 years), and Postal Shoppe (32 years). Retail space is over 89% occupied, offering value add potential through leasing 13,260 square feet of vacancy and adjusting below-market rents, while the office component is 100% leased with minimal availability. Positioned at the high-traffic intersection of Alpine and Highcrest Roads, the center benefits from 1,371 feet of combined frontage and exposure to 33,600 vehicles per day. Edgebrook Shops had nearly 1.2 million visits in the past year, supported by an Anytime Fitness ranked among the top 18% nationally for visits. With more than 181,000 residents and 183,000 employees within five miles and proximity to Rockford University, OSF Saint Anthony Medical Center, and Mauh-Nah-Tee-See Country Club, the property is well located to attract consistent traffic and long-term demand.
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Faits sur la propriété
| Prix | 19 077 320 $ CAD | Nombre de propriétés | 6 |
| Prix/pi² | 122,59 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 9,87% | Taille totale du bâtiment | 155 615 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 37,51 AC |
| Statut | Actif |
| Prix | 19 077 320 $ CAD |
| Prix/pi² | 122,59 $ CAD / pi² |
| Taux de capitalisation | 9,87% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 6 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 155 615 pi² |
| Superficie totale du terrain | 37,51 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Edgebrook Office Tower
1639 N Alpine Rd, Rockford, IL 61107 |
Bureau | 44 401 pi² | 1978 | - |
| 1605 N Alpine Rd, Rockford, IL 61107 | Commerce de détail | 59 265 pi² | 1975 | - |
| 1641-1643 N Alpine Rd, Rockford, IL 61107 | Commerce de détail | 34 062 pi² | 1974 | - |
| 1649-1659 N Alpine Rd, Rockford, IL 61107 | Commerce de détail | 9 446 pi² | 1975 | - |
| 1661-1663 N Alpine Rd, Rockford, IL 61107 | Commerce de détail | 6 441 pi² | 1975 | - |
| 1601 N Alpine Rd, Rockford, IL 61107 | Commerce de détail | 2 000 pi² | - | - |
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Visite extérieure 3D Matterport
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MIXED-USE DESTINATION CENTER
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