Rockford, Illinois, is a city that offers a unique blend of industrial heritage and modern amenities, making it an attractive location for investors seeking Warehouses For Sale. With a rich history in heavy machinery, hardware, and furniture manufacturing, Rockford has diversified its economy to include automotive, aerospace, and healthcare industries. This diversification has created a strong foundation for businesses to grow and thrive. Warehouses in Rockford can represent a range of investments, from light industrial properties to heavy manufacturing facilities, offering a variety of opportunities for entrepreneurs and businesses alike. The city's infrastructure, including Interstate 39, Interstate 90, and the Chicago Rockford International Airport, provides easy access to major transportation hubs, making it an ideal location for warehousing and distribution. Additionally, Rockford's amenities, such as the Aldeen Golf Club and the Swedish American Hospital's School of Medical Technology, contribute to a high quality of life for residents and employees. With 5 Warehouses For Sale in Rockford, investors have a range of options to choose from, each offering a unique set of characteristics and opportunities.
Rockford's Warehouses For Sale are situated in a city that has made significant strides in revitalizing its downtown area and investing in education and healthcare. The city is home to several post-secondary institutions, including Rockford University, Rock Valley College, and St. Anthony College of Nursing, providing a skilled workforce for businesses. In addition to Warehouses, Rockford offers a range of other property types, including Industrial Properties, Land, Residential Income Homes, and Commercial Real Estate. Industrial Properties in Rockford offer opportunities for light manufacturing and assembly, while Land provides a blank canvas for development. Residential Income Homes in Rockford can provide a steady stream of income for investors, and Commercial Real Estate offers opportunities for retail and office space. With its unique blend of history, infrastructure, and amenities, Rockford is an attractive location for businesses and investors alike, making it an ideal place to invest in Warehouses For Sale.
What are the key features investors look for in warehouses in Rockford?
When searching for warehouses in Rockford, investors typically look for properties that offer a strategic location, ample space, and convenient access to major transportation hubs, with key features including:
- Proximity to Interstate 39, Interstate 90, and other major highways, as well as the Chicago Rockford International Airport, to facilitate easy transportation of goods and supplies.
- Average prices per square foot of $42 USD, with average sizes ranging from 66,220 square feet to 131,000 square feet, providing ample space for storage, manufacturing, or distribution operations.
- A competitive average cap rate of 9%, indicating a relatively stable and attractive investment opportunity in the Rockford warehouse market, which currently offers 5 available listings.
What size warehouses are available to buy in Rockford?
Warehouses for sale in Rockford, Illinois, range in size from 66,220 square feet to 131,000 square feet, with an average price per square foot of $42 USD and an average cap rate of 9%, offering a variety of options for businesses and investors, with 5 available listings to choose from.
How much does it cost to buy a warehouse in Rockford?
When it comes to buying a warehouse in Rockford, the cost can vary depending on factors such as size, location, and condition, but on average, you can expect to pay around $42 USD per square foot, with available listings ranging from 5 options, and sizes varying from 66,220 square feet to 131,000 square feet, with an average cap rate of 9%.
