For Sale
For Sale
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Year Built
2011
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Total Building Size
6,000 RSF
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Overview
The property is located in the successful and expanding north side of Galesburg. The area is surrounded by national retailers, such as: WalMart, Menards, Verizon, and Buffalo Wild Wings.
Traffic Counts:
N Seminary St – 9,900 VPD
This property is a successful US Cellular shop built in 2011 and located in Galesburg, Illinois. There are 5 years left on the initial 10 year term; the tenant has 2 additional 5-year term options to renew. The property is a great opportunity for a 1031 exchange and has a Cap Rate of 6.5%.
Property Details
The property is located in the successful and expanding north side of Galesburg. The area is surrounded by national retailers, such as: WalMart, Menards, Verizon, and Buffalo Wild Wings.
Traffic Counts:
N Seminary St – 9,900 VPD
This property is a successful US Cellular shop built in 2011 and located in Galesburg, Illinois. There are 5 years left on the initial 10 year term; the tenant has 2 additional 5-year term options to renew. The property is a great opportunity for a 1031 exchange and has a Cap Rate of 6.5%.
- Property TypeRetail, Industrial
- Year Built2011
- Sale Price$1,175,000
- Total Building Size6,000RSF
- Total Acres0.67
- Cap Rate7.0%
- ZoningCommercial
- Property ID1794591