Property Details
- Location
- Rockford, IL
- SF
- 15,750
- Acres
- 4.89
- Coverage
- 7.4%
- Dock Doors
- N/A
- Drive-Ins
- 6
- Service Bays
- 6
- Wash Bay
- Yes
- Clear Height
- 21'
- Trailer Stalls
- TBD
- Car Parks
- TBD
Financials
- Occupancy
- 100%
- Total Annual Rent
- $343,375
- LP Investor
- Howard Wedren & Michael Schack
- Co-GP Investor
- N/A
- Rent PSF
- $22
- Rent / Acre / Mo
- $5,852
Rate Benchmarking
Rent PSF
$21.80
-0.07 vs avg
Portfolio avg: $21.88
Rent / Acre / Mo
$5852
-1532.11 vs avg
Portfolio avg: $7384
PSF Percentile
67th
vs. portfolio
Leases (1)
| Tenant | Type | Start | Annual Rent | Escalation | Next Esc. | Expiration | Renewal | |
|---|---|---|---|---|---|---|---|---|
| EquipmentShare | NNN | 11/01/2025 | $343,375 | 0.0285 | 12/01/2026 | 12/31/2035 | 1 five-year renewal option. |
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