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3831 Auburn St
Rockford, IL 61101 Outer Northwest Rockford

$1,866,888 USD

Freestanding For Sale  •  15,550 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 15,550 SF
  • Lot Size 1.79 AC
  • Building Class C
  • Year Built 2023
  • Cap Rate 8.38 %
  • Tenancy Single
  • Zoning C2
0 Transit Score
66 Walk Score

Highlights

Investment Grade Tenant – Dollar Tree (NASDAQ: DLTR) is S&P rated BBB.
Net Net Leased Property. Minimal landlord responsibilities!! (Complete Interior Remodel in 2024)
Long Term Corporate Lease – 10-year lease with Three (5-year) option periods (rent increases throughout the primary term and the option periods).
As of February 23, 2024, Dollar Tree has a market cap or net worth of $31.78 billion.
property includes Chase Bank ATM
Perfect for 1031 exchange at a price of $1,866,888 and a blended cap rate for both the Dollar Tree & Chase ATM of 8.38%

Property Flyers

Cap Rate: 8.38 %

Amenities

  • Air Conditioning
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Chicago/Rockford International 21 min - 9.9 mi
Dan Lem 925-586-4888 LemRx Realty Advisors
Dan Lem 925-586-4888 LemRx Realty Advisors