3721 Auburn Street

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3721 Auburn Street

Rockford, IL 61101
Asking Price
$650K
Asset Type
Gas Station Retail
Class
Class B

What's Special

Retail | 1,375 SqFt <ul><li>​Rare opportunity to redevelop a 0.8-acre former gas station site strategically positioned on a bustling thoroughfare!</li><li>​Located at the signalized intersection of Auburn and North Second St with full access on both streets</li><li>​Great traffic counts with excellent visibility and access</li><li>​Excellent location in a strong retail corridor with nearby McDonald's and Walgreens</li><li>​CG Zoning allows for numerous uses</li><li>​Ideal location for fast food, drive through, or o

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NOI
$80,000
Cap Rate
12.31%
DSCR
2.07
Strong
Cash-on-Cash
21.24%
Monthly Payment
$3,215.845
Annual Cash Flow
$41,409.856

Location & Travel Times