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33532237
33532238

7103 East State Street, Rockford, IL 61108

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego
$3,015,982
62 days on market
Updated 16 days ago

DUTCH BROS COFFEE W/ DUAL DR-THRU | ABSOLUTE NNN LEASE

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant (+1)
Square Footage 1,058
Cap Rate 5.5%
NOI $165,879
Tenancy Single
Brand/Tenant Starbucks, Dutch Bros. Coffee (+1)
Lease Type Absolute NNN
Lease Expiration 06/29/2041
Remaining Term 15
Rent Bumps Yes
Class A
Year Built 2026
Acreage 0.550
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No

Brand New 2026 Construction | Dominant East State Street Corridor

Marketing description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310690/dutch-bros-coffee-w-dual-dr-thru

Investment highlights

  • 15 Year Absolute NNN Lease Featuring 10% Rental Increases Every 5 Years throughout the Initial Term & Options. Brand New 2026 High Quality Construction w/ Dual Drive-Thru.
  • Strategically Positioned Along Rockford’s Dominant East State Street Retail Corridor, benefiting from Exceptional Visibility, significant Daily Consumer Traffic, and Immediate Connectivity to I-90.
  • Positioned as an Outparcel to High Volume Retail Anchors including Sam’s Club, Ashley, Planet Fitness, driving Significant Daily Consumer Traffic, Strong Cross Shopping Activity, and MORE.
  • Located within Rockford’s Primary Regional Retail Trade Area, Surrounded by National Retailers including Costco, Target, Walmart Supercenter, Home Depot, Lowe’s, and CherryVale Mall, driving Consistent Consumer Traffic throughout the Corridor.
  • Densely Populated and Affluent Area: Features an Average Household Income of more than $99k within a 3-Mile Radius and over 115k People Residing within a 5 Mile Radius.
  • Benefiting from Immediate Access to Interstate 90, providing Strong Regional Connectivity throughout Northern Illinois, Southern Wisconsin, and the Greater Chicago Metropolitan Area, Enhancing Long Term Consumer Accessibility and Visibility.
  • Down the Street From CherryVale Mall, Northern Illinois’ Premier Regional Shopping Destination Featuring Major National Retailers including Macy’s, JCPenney, H&M, Victoria’s Secret, and Barnes & Noble.
  • Positioned Near Major Healthcare Employment Centers including OSF Saint Anthony Medical Center, Mercyhealth, and Javon Bea Hospital, driving Daily Traffic from Medical Professionals, Patients, and Area Visitors. Located near Hard Rock Casino Rockford, a Significant Regional Entertainment Destination driving Increased Tourism, Hospitality Demand, Consumer Traffic, and Ongoing Commercial Growth throughout the Greater East Rockford Trade Area.

Listing Contacts

AM
TX 0606255, CA 01391653
Marcus & Millichap - San Diego
JT
CA 02031343
Marcus & Millichap - San Diego
Listed by Marcus & Millichap - San Diego

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,879.00
$13,823.25/mo

Valuation Metrics

0
DSCR
5.5%
Cap Rate
5.5%
ROI

Map

Zoning

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C2 CommercialRetail CommercialLimited Commercial
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Steven Weinstock
License
471.011175
Brokerage
Marcus & Millichap
Title
Broker of Record
Brokerage Address
One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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