Rockford, Illinois, is a prime location for investing in Shopping Centers, with 3 available listings offering a range of opportunities. Shopping Centers in Rockford are attractive investments due to the city's diverse economy, which has shifted from heavy machinery and furniture manufacturing to include automotive, aerospace, and healthcare industries. These properties can represent a variety of investments, from retail spaces to mixed-use developments, and offer a unique chance to tap into the local market. Rockford's amenities, such as the Aldeen Golf Club, Swedish American Hospital, and Anderson Japanese Gardens, make it an appealing location for both residents and visitors. The city's infrastructure, including Interstate 39, Interstate 90, and the Chicago Rockford International Airport, provides easy access to the region and beyond. With a population of around 150,000, Rockford is a significant urban center in northern Illinois, boasting a rich cultural scene, historic venues, and a strong sense of community.
Shopping Centers in Rockford are part of a larger commercial landscape that includes Restaurants, Specialty Properties, Land, and Office Properties. Nearby Restaurants offer a range of dining options, while Specialty Properties provide unique retail experiences. Land and Office Properties are also available, providing opportunities for development and business growth. With its strong economy, rich cultural scene, and convenient location, Rockford is an excellent choice for investors seeking to capitalize on the city's potential. Whether you're looking to invest in a shopping center, restaurant, or office property, Rockford has something to offer. The city's attractions, such as the Coronado Theatre and Burpee Museum of Natural History, make it a great place to live, work, and visit, ensuring a steady stream of customers for your investment.
What is the average cap rate for shopping centers in Rockford?
The average cap rate for shopping centers in Rockford is 6.75%, with 3 available listings, offering a range of opportunities for investors and business owners to capitalize on the city's growing economy and infrastructure.
