7143 E State St 132,262 SF 100% Leased Retail Building Rockford, IL 61108 For Sale

7029 - 7143 E. State Street, also known as State and Perryville Shopping Center, is located in Rockford, Winnebago
County, Illinois. The building was constructed in 1990, renovated in 2022, and is located at the southeast corner of State
Street & Perryville Road featuring visibility and exposure to approximately 41,900 VPD. The center is 100% leased by three (3) Tenants: Ashley Home Furniture (50,000 SF), Planet Fitness (25,508 SF), and Urban Air Trampoline Park (35,217 SF). At the 100% occupancy level, the center produces a NOI of approximately $1,014,825. The property includes a 445-surface level parking lot, pylon signage along State Street, and is located within Rockford's primary commercial corridor. Neighboring retailers nearby include Wal-Mart Supercenter, Sam’s Club, Home Depot, Lowes Home Improvement, Target, Kohl’s, Dick’s, PetSmart, Burlington Coat Factory and Bob's Discount Furniture, among many others.