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Retail Investment Property
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3311 Broadway Street, Quincy, IL 62301

Retail property offered for sale with a 6.25% cap rate and 5,071 SF.

Property Size5,071 SF
Days on Market121

Property Features for 3311 Broadway Street

General Information

Standard status Active
Size 5,071 SF
Property subtype Retail

Additional Details

Cap Rate 6.25%
Listing Agency: Marcus & Millichap - Chicago Oak Brook
Listed By: Steven Weinstock · License #IL 471011175
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:06AM

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 Marcus & Millichap - Chicago Oak Brook

Investment Insights

Based on property information with market context.

This for-sale retail property is presented as a current income-oriented investment, with remarks indicating a 6.25% cap rate. The offering totals 5,071 SF of retail space.

The property is located at 3311 Broadway Street in Quincy, Illinois (62301).

Key Highlights

  • Retail property offered for sale with a 6.25% cap rate
  • 5,071 SF retail space

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Parking Lot & Garage Electrical Service Garden Center

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

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby
588k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 41% Shops & Services 21% Superstores 15% Groceries 15%
Target Superstores
75,614 visits/mo 0.2 miles
Hy-Vee Groceries
56,027 visits/mo 0.3 miles
Hobby Lobby Shops & Services
44,030 visits/mo 0.4 miles
Raising Cane's Chicken Fingers Dining
38,735 visits/mo 0.2 miles
Aldi Groceries
30,384 visits/mo 0.1 miles

Demographics for 62301, IL

31,481
Population
15,295
Households
2.1
Avg Household Size
39
Median Age
24%
College-Educated
91%
High-School Grad
11.2 sq mi
ZIP Area
2,811
Density / Sq Mi
$52,212
Median Household Income
$36,665
Median Earnings
$805
Median Rent
$124,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Retail space - Retail property offered for sale with a 6.25% cap rate and 5,071 SF.
Where is this retail space located?
The property is located at 3311 Broadway Street Quincy, IL.
What are key features of this property?
This property features: Retail property offered for sale with a 6.25% cap rate; 5,071 SF retail space
(858) 373-3100 Call to check price and availability
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