7047 Newburg Road

Retail-Commercial for Sale
Catylist Listing ID: 30753567
Property Subtypes: Free-Standing Building
Building Size (RSF): 49,340 SF
Gross Land Area: 3.42 Acres
Sale Price: $3,650,000
Unit Price: $73.98 PSF
Property Use Type: Vacant/Owner-User
Building Name: Art Van
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/20/2021

Overview / Comments

This modern building is situated at the signalized intersection of Perryville and Newburg Road within the Village of Cherry Valley, with excellent visibility and traffic counts.
- Retailers, hotels, and restaurants nearby
- Excellent demographics
- 1/4 mile from CherryVale Mall
- Great visibility and signage from both building sides
- Good interior column spacing
- More than enough power to accommodate any user
- Traffic Counts of 24,300 and 13,200 ADT

Attachments & Media

Additional Details

Nearest MSA: Rockford
County: Winnebago
Taxing Authority: Village of Cherry Valley
Tax ID/APN: 1235101003
Zoning: COMMERCIAL
Retail Clientele: General
Property Located Between: Perryville and Newburg Road
Largest Nearby Street: Perryville Road
Traffic/Vehicle Count: 24,300
Highway Access: I90/I39 - 5 Minutes away
Airports: Chicago Rockford International Airport
Site Description: Great location with signalized intersection at Perryville and Newburg.
Area Description: Great adjacency to retail, restaurants, and shopping
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1999
Year Renovated: 2017
Roof Type: Flat
Construction/Siding: Block
Total Parking Spaces: 60
Parking Type: Surface
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: - 30'x30' column spacing - 1,200 amp service - 16' height to roof joist - 14' clear under HVAC duct work
Zoning Description: Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,212 48,655 131,901
Median Age: 52.33 42.51 40.83
Households: 2,137 19,828 53,823

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