www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31481028
31481029

7310 Walton St, Rockford, IL 61108

SS
IL 471.010712
Marcus & Millichap SWM Group
AW
IL 475.140200
Marcus & Millichap SWM Group
Listed by Marcus & Millichap SWM Group
$4,287,000
62 days on market
Updated 62 days ago

Three-Tenant Walmart Outlot

Details
APN 12-23-377-025
Property Type Retail
Sub Type Shopping Center
Square Footage 9,000
Net Rentable (SqFt) 9,000
Units 3
Cap Rate 6.75%
NOI $289,389
Occupancy 100%
Tenancy Multi
Brand/Tenant Aspen Dental, Sleep Number (+1)
Lease Type Net
Lease Term 25
Lease Expiration 02/28/2034
Remaining Term 7.7
Rent Bumps Yes
Lease Options Yes
Price per SqFt $476
Broker Co-Op Yes
Year Built 2008
Buildings 1
Stories 1
Acreage 1.040
Parking Spaces 61 spaces
Parking Per SqFt 6.78
Investment Type Net Lease
Lease Commencement 02/20/2009
Occupancy Date 02/20/2009
Ground Lease No

Walmart Ranked in the Top 10% For Visits in IL | Major Retail Corridor | Long Tenant History

Marketing description

This 100 percent occupied retail center features all net-leased tenants—Aspen Dental, Sleep Number, and Fast Signs with minimal landlord responsibilities and strong operating histories. The property is an outlot to a top-performing Walmart Supercenter, which ranks in the top 10 percent of Illinois locations by visits and attracts 2.7 million annual customers (Placer.ai). Tenants have demonstrated long-term commitment, with Aspen Dental operating at this location since 2009, Sleep Number since 2014, and Fast Signs since 2017. Located along State Street with 26,600 vehicles per day and just under a mile from Interstate-90 (72,700 vehicles per day), the site benefits from excellent visibility and access. Surrounded by high-traffic shopping centers, including Forest Plaza, which ranks in the top 3 percent of shopping centers nationally by visits, the property is in a major retail corridor within a dense, affluent trade area.

Investment highlights

  • 100 Percent Occupied Retail Center
  • Outlot to a Top Performing Walmart Supercenter | This Walmart Supercenter Ranks in the Top 10 Percent of Locations in Illinois by Customer Visits (2.7 Million Annual Visitors per Placer.ai)
  • Long Operating History | Aspen Dental has been Operating Since 2009, Sleep Number Since 2014 and Fast Signs Since 2017
  • 0.9 Miles from On/Off Ramp of Interstate 90, which has a Traffic Volume of 72,700 Vehicles Per Day
  • Surrounded by Top Ranked Shopping Centers Drawing Millions of Annual Visitors
  • One Mile from Hard Rock Casino Rockford, a Brand-New 175,000-Square-Foot, $300 Million Development that Opened in 2024
  • Average Household Income of $111,905 within a Three Mile Radius

Listing Contacts

SS
IL 471.010712
Marcus & Millichap SWM Group
AW
IL 475.140200
Marcus & Millichap SWM Group
Listed by Marcus & Millichap SWM Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$289,389.00
$24,115.75/mo

Valuation Metrics

0
DSCR
6.75%
Cap Rate
6.75%
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591