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Retail Space For Sale
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1723 Broadway St, Quincy, IL 62301

Retail space with 8.01% CAP rate, 14,820 SqFt.

Property Size14,820 SF
Price / SF$509.65
Days on Market161

Property Features for 1723 Broadway St

General Information

Standard status Active
Size 14,820 SF
Total Parking Spaces 58
Property subtype Retail
Zoning RIC
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $605,196

Building Details

Year Built 2012
Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Jake Prater · License #CA 02090490
Source: Crexi
Added: Mar 13 Changed: Aug 11 Last Checked: Aug 19 at 8:48PM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

This retail space offers 14,820 square feet of area. The property is being offered for sale and has a capitalized rate of 8.01%.

Key Highlights

  • 8.01% CAP Rate
  • 14,820 SqFt Retail Space
  • Built in 2012

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Auto Parts Store Restaurant Storage Facility Building Supply

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

871
Businesses Nearby
82k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 18% Groceries 12% Home Improvements & Furnishings 7%
McDonald's Dining
30,312 visits/mo 0.4 miles
SONIC Drive In Dining
17,017 visits/mo 0.3 miles
Hy-Vee Wine & Spirits Groceries
10,097 visits/mo 0.1 miles
Dollar General Shops & Services
8,991 visits/mo 0.2 miles
Niemann Ace Hardware Home Improvements & Furnishings
5,567 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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with 8.01% CAP rate, 14,820 SqFt.
Where is this retail space located?
The property is located at 1723 Broadway St Quincy, IL.
What is the asking price?
The asking price for this property is $7,553,000.
What are key features of this property?
This property features: 8.01% CAP Rate; 14,820 SqFt Retail Space; Built in 2012
(480) 221-4221 Call to check price and availability
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