Phelps Ave Strip Center

Retail-Commercial for Lease
Catylist Listing ID: 30731866
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Contiguous Space: 653 - 2,425 SF
Total Available: 5,883 SF
Building Size (RSF): 24,400 SF
Gross Land Area: 3.48 Acres
Lease Rate: $10 - 17.63 PSF (Annual)
Base Monthly Rent: $877.50 - 770.83
Lease Types: NNN
Ceiling: 10 ft.
Building Name: Phelps Retail Strip Center
Usable Size (USF): 24,400 SF
Last Updated: 6/22/2021

Overview / Comments

5 Vacancies to choose from. Four of the five units are unfinished to be customized by the tenant. One (the smallest) unit is finished.

Suite A: 786 SF $655.00 + $196.50 CAM
Suite B: 925 SF $770.83 + $231.25 CAM
Suite C: 1,053 SF $877.50 + $263.25 CAM
Suite D: 980 SF $816.67 + $245.00 CAM
Suite E: 1,500 SF $1,250.00 + $375.00 CAM

Common Area Maintenance is $3 per square foot.

Expand All 6 Spaces Available

Suite: F 727 SF $13.51 PSF (Annual) NNN
Suite: H 925 SF $10 PSF (Annual) NNN
Suite: L 1,500 SF $10 PSF (Annual) NNN
Suite: M 1,053 SF $10 PSF (Annual) NNN
Suite: N 980 SF $10 PSF (Annual) NNN
Suite: P 698 SF $17.63 PSF (Annual) NNN

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Rockford Township
Tax ID/APN: 12-21-453-001
Zoning: C3
Retail Clientele: General, Family, Business, Recreation
Property Located Between: Mulford Drive and Roxbury Drive
Property Visibility: Excellent
Largest Nearby Street: E State Street
Feet of Frontage: 405
Traffic/Vehicle Count: 32,110
Highway Access: BUS 20
Airports: Chicago Rockford International Airport
Site Description: Two free standing buildings with multiple retail/office
Area Description: Located on the east side of Rockford. Surrounded by restaurants, retail, office, medical, single family and multi-family residential properties.
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 24,400 SF
Property Condition: Good
Year Built: 1987
Year Renovated: 2016
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding
Exterior Description: Two rectangular buildings with doors and windows for each space. Aluminum siding with flat roof.
Total Parking Spaces: 85
Parking Ratio: 4 (per 1000 SF)
Parking Type: Surface
Parking Description: Blacktop surface parking. No reserved parking.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable
Interior Description: Unfinished in 4 of the 5 available spaces.
Zoning Description: C3
In Flood Plain?: Yes
Lot Frontage: 405
Lot Depth: 312
Water Service: Municipal
Sewer Type: Municipal
Legal Description: W W PARSON SUB SE 1/4 SEC 21 & NE 1/4 SEC 28-44-2 LOT 006 W W PARSON SUB SE 1/4 SEC 21 & NE 1/4 SEC 28-44-2 LOT 005

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,009 78,943 180,100
Median Age: 41.43 41.3 39.04
Households: 4,454 32,361 73,766


Photograph of Listing Agent


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