$ 850,000
3307 Charles Street Rockford, IL 61108
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$ 850,000
Est. payment | /mo
1,820 SqFt
$ 850,000
Est. payment | /mo
1,820 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 1,820 sqft
Price per Sqft $467
MLS Listing ID 12101993
Year Built 1962
Annual Tax Amount $8,899
Tax Year 2023
Lot Dimensions 26.51X146.24X200.3
Property Description
Property Features: ***Leased NNN 7 Cap: This property boasts a triple net lease with a cap rate of over 7% ensuring a lucrative return on investment. ***Branded Gas Station: A well-established and recognized brand, attracting loyal customers and ensuring consistent business. ***Tenant Operator in Place: An experienced tenant operator is already in place, providing immediate income and seamless operations. ***High Traffic Location: Situated on a bustling street, this gas station benefits from high visibility and a steady flow of both local and transient customers. It's near major stores, increasing foot traffic and sales potential. ***Solid Brick & Cinderblock Building: A durable and robust structure made of solid brick and cinderblock, ensuring longevity and low maintenance costs. ***Spacious Lot: Ample parking space and easy access for vehicles of all sizes, ensuring a convenient and efficient experience for customers. ***Modern Fuel Pumps: Equipped with state-of-the-art fuel dispensers, offering regular, mid-grade, and premium gasoline options, as well as diesel. ***Convenience Store: A well-stocked neighborhood convenience store featuring a variety of snacks, beverages, and essential items, providing additional revenue streams. ***Restroom Facilities: Well-maintained bathroom facilities for customer convenience. ***Security Features: Comprehensive security system with surveillance cameras and well-lit premises for safety and peace of mind. ***Excellent Accessibility: Located near major highways and local roads, ensuring easy access for commuters and long-distance travelers alike. ***Growth Potential: Opportunities to expand services and offerings, such as adding a car wash, expanding the convenience store, or introducing food services. Location Highlights: ***Proximity to Amenities: Close to residential neighborhoods, schools, shopping centers, and dining establishments, attracting a diverse customer base. ***Rockford Community: Situated in a vibrant and growing community known for long term residents and strong economic prospects. ***Strategic Position: Located in Rockford, one of Illinois' key urban centers, known for its rich history and strategic position within the state. Don't miss out on this incredible opportunity to own a profitable gas station in a prime Rockford location. Whether you're an experienced investor or looking to enter the market, 3307 Charles Street gas station offers the perfect blend of location, amenities, and growth potential. Contact Us Today!
Location
State IL
County Winnebago
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Theresa Mueller • Trelleum LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "