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Remodeled Retail Space
For Lease
$21 SF/Yr

11358 Industrial Dr, Galena, IL 61036

The property features a recently sealed and striped parking lot with on-site parking.

Space SizeContact for details
Days on Market41

Property Features for 11358 Industrial Dr

General Information

Standard status Active

Building Details

Year Built 1978
Listing Agency: Ruhl & Ruhl Realtors
Listed By: Tri State Commercial Group .
Source: Kwlegacyrealty
Added: Jul 23 Changed: Aug 30 Last Checked: Aug 31 at 6:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ruhl & Ruhl Realtors

Investment Insights

Based on property information with market context.

The available retail space comprises 1,655 square feet within a 5,655-square-foot building. Originally constructed in 1978, the property underwent rehabilitation and remodeling in 2019. The Riverview Center occupies 4,000 square feet, leaving the remaining area available for lease and ready for a new business. The owner may consider dividing the available space under suitable circumstances.

Located at 11358 Industrial Dr in Galena, Illinois, the property sees nearly 11,000 cars pass daily. The recently sealed and striped parking lot provides 53 parking spaces, supporting convenient access to the building.

Key Highlights

  • 1,655 SqFt available for lease within a 5,655 SqFt building
  • Building was rehabilitated and remodeled in 2019
  • The Riverview Center leases 4,000 SqFt

Property Analytics

Current Use

Riverview Center Social Service Agency The Fitness Foundry, LLC Gym & Fitness Center ATM Atm

Suggested Use

Top Pick Auto Repair Shop Electrical Service Plumbing Service Auto Parts Store Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
66k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 56% Dining 28% Shops & Services 16%
Walmart Superstores
37,037 visits/mo 0.4 miles
Culver's Dining
16,355 visits/mo 0.2 miles
Murphy USA Shops & Services
6,446 visits/mo 0.4 miles
Dupaco Community Credit Union Shops & Services
4,040 visits/mo 0.2 miles
SUBWAY Dining
2,075 visits/mo 0.5 miles

Demographics for 61036, IL

7,111
Population
5,187
Households
1.4
Avg Household Size
54
Median Age
46%
College-Educated
97%
High-School Grad
95.8 sq mi
ZIP Area
74
Density / Sq Mi
$80,574
Median Household Income
$51,507
Median Earnings
$758
Median Rent
$258,100
Median Home Value

Market

Lease Benchmarks for Galena, IL

$14 /SF/Yr
Avg Asking Price
$8–$21 /SF/Yr
Price Range
2,000 SF
Avg Space Size

This space is priced 50% above the average of $14 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - The property features a recently sealed and striped parking lot with on-site parking.
Where is this retail space located?
The property is located at 11358 Industrial Dr Galena, IL.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: 1,655 SqFt available for lease within a 5,655 SqFt building; Building was rehabilitated and remodeled in 2019; The Riverview Center leases 4,000 SqFt
More about this property
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