$3,950,000
MLS #: 30275656
Property Photo
22,579 Sq Ft

Description of 588 S. Perryville Rd., Rockford, IL 61108

Perryville Center is a 96% occupied retail center located just south of the strongest retail corner in Rockford, the third largest MSA in Illinois. The center enjoys high traffic counts and highly visible building and pylon signage. Situated at a signaled intersection in a Sam’s outlot and at the corner of the route to Walmart from S. Perryville, the center also enjoys easy access. Built in 1994, the center has consistently remained well occupied, with vacant spaces being re-leased quickly. The property has also been well maintained with ownership replacing a majority of the rooftop hvac units in 2012, performing an exterior remodel, including new awnings and updated paint scheme – in 2015, and installing LED lighting throughout the parking area in 2016.Frontage: 473 along the east side of S. Perryville Rd. and 220 alongthe south side of Walton Rd.Access: Located at southeast corner of signalized S. Perryville Rd./Walton Rd. intersection, change to "just south (and in view)of Rd. / E. State St. intersectionNet Rentable Area: 22,597 SF (22,870 SF gross)Total Land Area: 103,673 SF (2.38 acres)Strong Traffic CountsParking Ratio: 159 spaces (63 spaces onsite plus 96 per EA)7.04 spaces /1,000 RSFYear Built: 1994Zoning: Primary site: C-2 Limited Commercial DistrictSecondary site: AG (Winnebago County)

Property Features of 588 S. Perryville Rd., Rockford, IL 61108

TYPE
Street Retail, Other
Year Built
1994
Stories
0
Features
Block exterior
Brick exterior
Lot acreage is: 2.38 Acres
Lot zoned: C-2 LIMITED COMMERCIAL DISTRICT AND AG (WINNEBAGO COUNTY)
Total square feet: 22,579 SF
For sale
Courtesy of: CBRE, INC.

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