Featured Property
Property Description
The property is a newly constructed single story, freestanding store on the northeast corner of the intersection at E. Riverside Blvd. and N. Alpine Road. Riverside Blvd. is a four lane, heavily traveled road that serves as a primary east/west transit artery through Loves Park.
Property Location
Loves Park is primarily a middle class/upper middle class residential community located approximately 2.5 miles north of the Rockford Central Business District.
Property Details
- NNN lease whereby the tenant is responsible for all repairs, maintenance and capital improvements.
- The location of the property is situated with excellent visibility for traffic traveling in all directions due to its hard corner location and well-located pylon sign.
Date Acquired: January 19, 2010
Square Footage: 14,490
Industry: Pharmacy
Remaining Lease Term: 23.7 years
Lease Type: NNN
S&P Credit Rating: A+
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