6066 Strathmoor DrRockford, IL 61107

For Sale
Call for price

Multi-tenant office building, 80% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional investment opportunity presents a 7,388 square foot, single-story Class B medical and traditional office building located at 6066 Strathmoor Dr, Rockford, IL 61107. Situated on a 0.45-acre lot in Winnebago County, this property benefits from a prime location near N Mulford Rd and E State St, providing excellent visibility and accessibility to major thoroughfares, retail centers, and residential areas. The building features 17 parking spaces and is zoned C1. Constructed in 1981, the property currently houses two tenants, with Midwest Dental, Inc. occupying 80% of the space under a triple net (NNN) lease since 2013. Midwest Dental, a significant dental care provider with a substantial national presence, ensures stable cash flow and low management requirements for the investor. This multi-tenant setup offers a diversified income stream and potential for future growth. The property's 80% occupancy rate provides immediate return on investment, making it an attractive opportunity for those seeking a low-maintenance, high-yield commercial real estate asset. The building offers two units totaling 7,388 square feet.

Highlights

  • 7,388 SF single-story Class B medical/office building in Rockford, IL.
  • Located on a 0.45-acre lot with excellent visibility near major thoroughfares.
  • 17 parking spaces and C1 zoning.
  • 80% occupancy with Midwest Dental (NNN lease since 2013) as the primary tenant.
  • Multi-tenant building offering diversified income and growth potential.

Property Details for 6066 Strathmoor Dr

Property type
Other office properties, Medical offices
Square Feet
7,388 SF
Class
B
Year Built
1981
Buildings
1
Stories
1
Lot Size (sq. ft)
19,602 SF
Units
2

Location Insight

City
Rockford
County
Winnebago
State
Illinois
Latitude
42.272540451541
Longitude
-88.998157259348
6066 Strathmoor Dr, Rockford, Illinois

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6066 Strathmoor Dr
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