Listing Agency: Marcus & Millichap - San Diego p***@marcusmillichap.com Show Phone

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:57AM

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Investment Insights

Based on property information with market context.

This retail offering contains 48,809 SF and is identified as Kohl's Retail Space. The property is located at 2470-2474 Veterans Drive in Galesburg, Illinois, 61401.

The offering is presented for sale with a 7.00% CAP rate. Its retail classification supports consideration by users and investors seeking a commercial property in the retail sector.

Key Highlights

• 48,809 SF of retail space
• 7.00% CAP rate
• Located at 2470‑2474 Veterans Drive, Galesburg, IL 61401

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Building Supply Restaurant Auto Repair Shop Law Firm Dental Office

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

259

Businesses Nearby

Explore this area Business Placement

Demographics for 61401, IL

31,169

Population

15,449

Households

2

Avg Household Size

43

Median Age

21%

College-Educated

89%

High-School Grad

122.9 sq mi

ZIP Area

254

Density / Sq Mi

$47,728

Median Household Income

$30,501

Median Earnings

$724

Median Rent

$94,900

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - The offering comprises a substantial retail property available for sale.

Where is this retail space located?

The property is located at 2470-2474 Veterans Drive Galesburg, IL.

What are key features of this property?

This property features: 48,809 SF of retail space; 7.00% CAP rate; Located at 2470‑2474 Veterans Drive, Galesburg, IL 61401