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North Phelps Ave 250-278 Phelps Ave
900 - 6,817 SF of Office/Retail Space Available in Rockford, IL 61108
HIGHLIGHTS
- Heavy day-time foot traffic
- 24 hour security and management
- Ample Parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 900-2,467 SF | 11’ - 16’ | 1-5 Years | $17.36 CAD/SF/YR $1.45 CAD/SF/MO $42,822 CAD/YR $3,569 CAD/MO | Modified Gross | |
| 1st Floor, Ste A,B, Garages | 900-4,350 SF | 11’ - 16’ | Negotiable | $17.36 CAD/SF/YR $1.45 CAD/SF/MO $75,507 CAD/YR $6,292 CAD/MO | Modified Gross |
1st Floor
Prime Commercial Space for Lease in Rockford, IL! Conveniently situated at 250 North Phelps Ave., right behind Culver’s on East State Street, this high-traffic area is surrounded by popular establishments like Portillo's, Starbucks, Walgreens, Old Chicago, and more. Located near East State Street and Mulford Ave., these versatile spaces are perfect for retail, office, beauty, yoga, fitness, or other businesses with great exposure to foot and car traffic. Bright spaces with natural sunlight, ample parking, HVAC, Private rooms, bathrooms, and storage. Flexible layouts and lease terms. 24-hour management and security.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- Partitioned Offices
- 3 Conference Rooms
- Finished Ceilings: 11’ - 16’
- Central Air and Heating
- Drop Ceilings
- Natural Light
- High Traffic, Flexible Layouts and Lease Terms
1st Floor, Ste A,B, Garages
Prime Commercial Space for Lease in Rockford, IL! Large open spaces with garages attached. Can be divided / split several different ways depending on your specific needs. Conveniently situated at 250 North Phelps Ave., right behind Culver’s on East State Street, this high-traffic area is surrounded by popular establishments like Portillo's, Starbucks, Walgreens, Old Chicago, and more. Located near East State Street and Mulford Ave., these versatile spaces are perfect for retail, office, beauty, yoga, fitness, or other businesses with great exposure to foot and car traffic. Bright spaces with natural sunlight, ample parking, HVAC, Private rooms, bathrooms, and storage. Flexible layouts and lease terms. 24-hour management and security.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- 1 Private Office
- Conference Rooms
- Finished Ceilings: 11’ - 16’
- Central Air and Heating
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 250-278 PHELPS AVE , ROCKFORD, IL 61108
| Total Space Available | 6,817 SF | Gross Leasable Area | 14,400 SF |
| Min. Divisible | 900 SF | Year Built | 1988 |
| Property Type | Retail | Parking Ratio | 1.81/1,000 SF |
| Total Space Available | 6,817 SF |
| Min. Divisible | 900 SF |
| Property Type | Retail |
| Gross Leasable Area | 14,400 SF |
| Year Built | 1988 |
| Parking Ratio | 1.81/1,000 SF |
FEATURES AND AMENITIES
- 24 Hour Access
NEARBY MAJOR RETAILERS
Presented by
Buff Blackler Enterprises, Inc.
North Phelps Ave | 250-278 Phelps Ave
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