Retail Space Near
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2294 Gateway Center Drive, Belvidere, IL 61008
1,800 SF retail space in Belvidere, Illinois.
Space SizeContact for details
Days on Market150
Property Features for 2294 Gateway Center Drive
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE
(815) 218-3438
Listed By:
Karen Walsh · License #471015351
(815) 218-3438
Source:
Cbre
Added: Mar 25
Changed: Aug 13
Last Checked: Aug 20 at 10:52AM
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 CBRE
Investment Insights
Based on property information with market context.
This 1,800 SF retail space is located in a 13,400 SF strip center shadow-anchored by Walmart. The property is situated at the southeast corner of Chrysler Drive (US Highway 20) and Genoa Road, offering signage on Highway 20 and visibility facing Walmart. The location is minutes away from Boone County schools and residential neighborhoods, and just north of the I-90 / Genoa Road exit. It is part of the 350,000 population Rockford MSA and benefits from low Boone County taxes. Nearby retailers and businesses include Applebees, Starbucks, Aaron’s, Midland States Bank, Physicians Immediate Care, and Verizon, with OSF Healthcare also in the vicinity. Taco Bell is scheduled to open in 2023.
Key Highlights
- Walmart shadow anchored 13,400 SF strip center
- Signage on Hwy. 20 and facing Walmart**
- Situated at the SE corner of Chrysler Dr. (US Hwy. 20) and Genoa Rd
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
128k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 57%
Dining 24%
Shops & Services 13%
Electronics 4%
Walmart
Superstores
72,772 visits/mo
0.1 miles
Starbucks
Dining
19,313 visits/mo
0.2 miles
Murphy USA
Shops & Services
16,434 visits/mo
0.2 miles
Taco Bell
Dining
6,002 visits/mo
0.2 miles
Applebee's
Dining
5,534 visits/mo
0.1 miles
Demographics for 61008, IL
33,747
Population
13,406
Households
2.5
Avg Household Size
40
Median Age
21%
College-Educated
83%
High-School Grad
84.3 sq mi
ZIP Area
400
Density / Sq Mi
$75,833
Median Household Income
$38,509
Median Earnings
$953
Median Rent
$185,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - 1,800 SF retail space in Belvidere, Illinois.
Where is this strip mall located?
The property is located at 2294 Gateway Center Drive Belvidere, IL.
What are key features of this property?
This property features: Walmart shadow anchored 13,400 SF strip center; Signage on Hwy. 20 and facing Walmart**; Situated at the SE corner of Chrysler Dr. (US Hwy. 20) and Genoa Rd
