Whitehouse Plaza

Shopping Center for Sale
Sale Pending/Contingent
Catylist Listing ID: 30730056
Property Subtypes: Strip Center
Status: Pending/Contingent
Building Size (RSF): 56,000 SF
Gross Land Area: 2.29 Acres
Sale Price: $2,650,000
Unit Price: $47.32 PSF
Property Use Type: Investment
Building Name: Whitehouse Plaza
Usable Size (USF): 47,820 SF
Sale Terms: Cash to Seller
Cap Rate: 9.16%
Average Occupancy Rate: 70
Last Updated: 6/24/2021

Overview / Comments

Whitehouse Plaza is conveniently located in the heart of Rockford, IL along the Alpine Road corridor.
- Excellent traffic counts at 21,200 ADT
- Great complimentary tenant mix
- Additional commercial retail within 2 minutes
- Mix of NNN and gross rent tenants

Attachments & Media

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: City of Rockford
Tax ID/APN: 1220379008
Zoning: C-2
Retail Clientele: General, Business
Property Located Between: Corner of Morsay & Alpine Road
Property Visibility: Excellent
Largest Nearby Street: Alpine Road
Feet of Frontage: 330
Traffic/Vehicle Count: 21,200
Airports: Chicago Rockford International Airport
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 28,000 SF
Property Condition: Good
Year Built: 1980
Year Renovated: 2019
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick & Block Construction
Parking Type: Surface
Total Parking Spaces: 133
Sprinklers: Wet
Heat Type: Natural Gas
Zoning Description: Commercial C-2
Lot Frontage: 330
Lot Depth: 275
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,561 104,314 195,441
Median Age: 39.81 39.02 38.12
Households: 5,088 42,648 78,479

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