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%.
