Main Street Square

Retail-Commercial for Sale
Sale Pending
Also listed as Office, Shopping Center
Catylist Listing ID: 30731248
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Status: Pending
Building Size (RSF): 40,214 SF
Gross Land Area: 5.27 SF
Sale Price: See Agent
Ceiling: 9 ft.
Property Use Type: Investment
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 5/25/2021

Overview / Comments

Main Street Square is an attractive 40,214 SF shopping center situated on 5.27 acres along N. 2nd St. (Rte. 251) at Williams Drive. An attractive, upscale
neighborhood center, Main Street Square has been a popular location for retail, restaurant, medical and other service providers since its construction in 2004.

Main Street Square is close to complimentary shopping and residential development which is seeing continued long term growth as professionals and
executives relocate to the area in response to expansion of the area's business community (aerospace, engineering, healthcare, and distribution/logistics
as well as general business). Newer housing and strong schools make Roscoe/Rockton an attractive alternative for area residents, driving demand for the retail, restaurants and services provided at Main Street Square. With visibility on the high traffic Rte. 251 corridor, Main Street Square's monument sign can
be seen by nearly 30,000 vehicles per day. This inviting center with high curb appeal also enjoys visibility on N. Main St., which houses additional retail and
the city of Roscoe's City Hall.

Additional Details

Nearest MSA: Rockford
County: Winnebago
Tax ID/APN: 0433177019
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Williams Dr. and North 2nd Street
Property Visibility: Excellent
Largest Nearby Street: North 2nd Street
Traffic/Vehicle Count: 30,000
Highway Access: I-39 and IL-251
Site Description: An attractive, upscale neighborhood center, Main Street Square has been a popular location for retail, restaurant, medical and other service providers since its construction in 2004.
Area Description: With visibility on the high traffic Rte. 251 corridor, Main Street Square's monument sign can be seen by nearly 30,000 vehicles per day. This inviting center with high curb appeal also enjoys visibility on N. Main St., which houses additional retail and the city of Roscoe's City Hall.
Tenancy: Multiple Tenants
Total Number of Buildings: 5
Property Condition: Excellent
Construction/Siding: Brick
Exterior Description: Brick veneer with stone accents vinyl siding in rear
Total Parking Spaces: 230
Parking Ratio: 5.6 (per 1000 SF)
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,895 35,229 54,264
Median Age: 40.56 39.64 39.6
Households: 1,896 12,898 20,165

Contact

Photograph of Listing Agent

Karen Walsh

CBRE, INC. CMCPEX Member
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