6663 East State Street

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6663 East State Street

Rockford, IL 61108
Asking Price
$5.00M
Asset Type
Retail
Class
Class B

What's Special

Investment Opportunity | High-Visibility Multi-Tenant Retail/Warehouse Asset <p><span style="color: rgba(60, 60, 60, 1)">Investment Opportunity | High-Visibility Multi-Tenant Retail/Warehouse Asset</span></p><p></p><p><span style="color: rgba(60, 60, 60, 1)">Positioned along the highly trafficked East State Street corridor in Rockford, this versatile multi-tenant retail/warehouse property offers a rare combination of visibility, functionality, and income potential.</span></p><p></p><p><span style="color: rgba(60, 60, 60, 1)">Designed to accommodate two to three tenants,

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NOI
$80,000
Cap Rate
1.60%
DSCR
0.27
Underwater
Cash-on-Cash
-14.46%
Monthly Payment
$24,737.272
Annual Cash Flow
$-216,847.263

Location & Travel Times