Former govt offices

Office for Lease
Catylist Listing ID: 30379835
Property Subtypes: Institutional, Medical, Flex Space, Office Building
Contiguous Space: 4,960 SF
Building Size (RSF): 10,000 SF
Gross Land Area: 0.88 Acres
Lease Rate: $7 PSF (Annual)
Base Monthly Rent: $2,893
Lease Types: Gross Lease
Building Name: dimond brothers insurance
Class of Space: Class A
Usable Size (USF): 10,000 SF
Last Updated: 9/10/2020

Overview / Comments

10,458 SF building for sale or lease., owner will lease back 1/2 at $ 5.09/SF net or $2100 per month. Projected $7 per SF on vacant space. Many upgrades. This was recently used as approved govt. office space. See attached pro forma. THE BUSINESS IS NOT FOR SALE.

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Expand All Available Space

Suite: 660 W Stephenson #2 4,960 SF $7 PSF (Annual) Gross Lease
Level/Floor: main
Status: Pending
Space Available: 4,960 SF
Lease Rate: $7 PSF (Annual)
$2,893 (Monthly)
Lease Type: Gross Lease
Space Description: 4960 SF on high traffic street with signage. This building can be divided as needed. Owner will remodel to suit. You can rent 1-25 offices as needed.
Space Subcategory: Office Building, Governmental
Date Available: 2/9/2019
Lease Term: 24 Months
Space Type: New
Kitchen Yes
Parking Spaces 10
Tax Expenses $0 PSF (Annual)
Operating Expenses $0 PSF (Annual)
CAM Expenses $0 PSF (Annual)
Rent Concession Owner will remodel to suit. up to 25 offices available

Additional Details

Nearest MSA: Freeport
County: Stephenson
Taxing Authority: Stephenson County
Tax ID/APN: 18-14-31-153-026&033
Property Visibility: Excellent
Highway Access: us hiway 26
Airports: freeport municipal, rockford regional
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,000 SF
Year Built: 1940
Year Renovated: 2010
Roof Type: Hip
Parking Type: Surface
Parking Description: parking for 40 cars
Total Parking Spaces: 40
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Lot Frontage: 110
Lot Depth: 231
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,980 27,536 31,243
Median Age: 35.5 41.99 42.58
Households: 4,566 11,848 13,309


Photograph of Listing Agent

Brian Borchardt

A-1 Agency ICEx Member
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