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Freestanding Retail Ground Lease
For Sale
Contact for pricing
Pending

1620 E Jackson, Macomb, IL 61455

Freestanding retail outparcel property is 100% leased and fee simple offered to United States Cellular Operating Company, LLC.

Property Size2,600 SF
Lot Size0.46 Acres
Days on Market111

Property Features for 1620 E Jackson

General Information

Standard status Pending
Size 2,600 SF
Lot size 0.46 Acres
Property subtype Retail
Occupancy 100%

Additional Details

Traffic Count 14,246 vehicles/day
Listing Agency: NorthMarq - Newport Beach
Listed By: Brett Butler · License #TX 558227
Source: Crexi
Added: Apr 11 Changed: Jul 22 Last Checked: Jul 29 at 3:55PM

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 NorthMarq - Newport Beach

Investment Insights

Based on property information with market context.

The property consists of a freestanding 2,600 SF retail building on a 0.46-acre outparcel to Farm King along E Jackson St. It is described as brand-new, build-to-suit construction and is offered with a remaining term of 8.3 years through January 2031. The property is 100% leased, with the lease guaranteed by United States Cellular Operating Company, LLC, a wholly-owned subsidiary of United States Cellular Corp.

According to the provided materials, the outparcel is located on E Jackson St with 14,246 VPD. The offering is positioned as a passive investment with limited landlord obligations and an income stream net of all operating expenses.

The property is presented as a credit-backed, guaranteed income stream through the specified period, with insulating landlord from near-term capital expense exposure as described in the remarks.

Key Highlights

  • 2,600 SF freestanding retail property on a 0.46‑acre outparcel at 1620 East Jackson St, Macomb, IL.
  • 0.46‑acre outparcel to Farm King on E Jackson St with 14,246 VPD (vehicle volume).
  • 100% leased with income guaranteed by United States Cellular Operating Company, LLC.

Property Analytics

Current Use

Farm King Department Store

Suggested Use

Top Pick Law Firm HVAC Service Pharmacy Parking Lot & Garage Real Estate Agency Electrical Service

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

14,246 VPD
Traffic count
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

269
Businesses Nearby
Well-served
Demand for This Use

Demographics for 61455, IL

17,630
Population
8,682
Households
2
Avg Household Size
32
Median Age
39%
College-Educated
95%
High-School Grad
162.5 sq mi
ZIP Area
108
Density / Sq Mi
$45,048
Median Household Income
$19,778
Median Earnings
$739
Median Rent
$117,900
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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Similar Off Market Nearby

  • Candy Lane Floral & Gifts — 121 S Candy Ln, Macomb, IL 61455
  • Hy-Vee Floral — 1600 E Jackson, Macomb, IL 61455

Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding retail outparcel property is 100% leased and fee simple offered to United States Cellular Operating Company, LLC.
Where is this storefront property located?
The property is located at 1620 E Jackson Macomb, IL.
What are key features of this property?
This property features: 2,600 SF freestanding retail property on a 0.46‑acre outparcel at 1620 East Jackson St, Macomb, IL.; 0.46‑acre outparcel to Farm King on E Jackson St with 14,246 VPD (vehicle volume).; 100% leased with income guaranteed by United States Cellular Operating Company, LLC.
(949) 270-3690 Call to check price and availability
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