Rockford, IL Retail Space for Lease
Search 24 retail listings in Rockford, IL and find helpful local stats in the Market Overview section below.
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Rockford asks $9.43 per square foot.
The most common type of lease agreement you’ll find here is NNN, with 18 space(s) available under this type of arrangement. The local market is also home to 3 retail space(s) offered under a Net lease agreement type, and 2 Full Service listing(s).
The average size for this type of rental opportunity in Rockford is 1,000 sqft to 2,500 sqft. Currently, the local market offers 24 listing(s) within that size range. You can also search 21 listing(s) in the 2,500 sqft to 5,000 sqft range. It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail space in Rockford comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Restaurant and you can find 3 such space(s) available.
Restaurant spaces listed for rent here have an average size of 4,200 square feet. Retail space specialized for restaurants usually includes ample seating areas and enough room for the safe preparation of food. Restaurant spaces may be embedded in a larger mall or can be freestanding buildings.
The local market is also home to 1 space(s) listed as Shared Space. The average size you can expect to find for this category is 1,100 square feet. Shared retail space is in some ways comparable to coworking office solutions. However, businesses in this context share a shop. It is also sometimes referred to as co-retailing and allows businesses to share resources such as physical space, stationery, and other support essentials, in order to cut down on some of the costs of running the business.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
East Rockford is your top choice for lease opportunities, as it is currently home to the highest number of listings — 27 retail space(s). The most popular space type here is Restaurant. You can find 1 such listing(s) here.
Rockford’s second most popular area is Summerfield Commons, where you can find 15 retail listing(s). The most likely type of space you can rent here is Restaurant. If this is the kind of property you are looking for, you will find 1 listing(s) available here.
Rolling Green is also among the best areas to search for your next commercial space. Here you can find 8 retail space(s) available for consideration by prospective tenants, of which 2 are Strip Retail.
East Rockford
27
Summerfield Commons
15
Rolling Green
8
Rockford Midtown North
6
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
CommercialSearch collaborates with highly respected major brokerages nationwide to provide frequently updated high-quality listings. Find all commercial property types on our marketplace, from office, coworking, retail, and industrial to special purpose properties.
CommercialSearch is a trusted Yardi listing service and an essential element of the fast-growing CommercialEdge network, which ranks on the 1st page of Google for all top markets across its multiple platforms, attracts more than 2 million monthly visits, and generates more than 350,000 broker contacts yearly.