Riverside Plaza is strategically situated at the hard corner intersection of South State Street and Meadow Street with a combined 21,100 vehicles passing by daily. State Street is the main thoroughfare traveling through Belvidere and directly into Rockford, IL. The site is also equipped with a large pylon sign on State Street, increasing visibility for the subject property. Nearby national/credit tenants include a 24-hour Walmart Supercenter, Aldi, O’Reilly Auto Parts, McDonald’s, and more, increasing consumer traffic to the trade area.
In addition, the asset is less than 1 mile from the General Mills factory (~530 workers), providing a direct consumer base to draw from. General Mills also recently completed a $60 million expansion of their plant, which shows their commitment to the Belvidere/Rockford market. The 5-mile trade area is supported by more than 34,000 residents with an average household income of over $76,500.