3307 Charles St Rockford, IL 61108

This 1,820 sq ft gas station in Rockford, IL, presents a compelling investment opportunity. Located at 3307 Charles St, this single-story, 1962-built property sits on a spacious 16,117 sq ft lot ($467.03/SF land value) and is zoned R1. Currently leased under a triple-net (NNN) agreement, it boasts a strong NOI of $61,000 and a 7.00% cap rate, making it an attractive addition to any portfolio. The property features a well-established brand, an experienced tenant operator, modern fuel pumps dispensing regular, mid-grade, premium gasoline, and diesel, plus a convenience store and restrooms. Built with durable brick and cinderblock, it offers low maintenance costs. The high-traffic location near major stores and highways ensures consistent customer flow. Comprehensive security features and ample parking enhance its appeal. The property's proximity to residential areas, schools, and shopping centers in Rockford, a key Illinois urban center, further strengthens its investment potential. Growth opportunities exist through service expansion. The asking price is $850,000. APN: 1230453001.