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ADD VALUE MED-TAIL | HIGHLY VISIBLE CORNER LOCATION

$2,750,000 | 8.25% | 13.34% Pro Forma

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1663 Belvidere Road
Belvidere, Illinois 61008

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Under Contract

Features

  • All Tenants Hold Net Leases | Limited Landlord Responsibilities
  • All Leases Feature Rent Increases
  • Opportunity to Add Value and Grow Cap Rate by Leasing the Remaining 4,779 Square Feet of Vacant Space (This will Increase to 7,136 Square Feet of Add-Value at the End of 2023)
  • Huge Pylon Sign Situated on the Signalized, Hard-Corner Intersection of Grant Highway and Belvidere Road | 33,450 Total Vehicles Passing per Day
  • Excellent Location
  • Located in Rockford MSA | Second Largest MSA in State of Illinois

Contact

SEAN SHARKO
Senior Vice President Investments
Tel: (630) 570-2238
Sean.Sharko@marcusmillichap.com
* Broker of Record: Steven Weinstock

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