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

Listed By: Phil Sambazis · License #01474991

Source: Crexi

Added: Apr 12 Changed: Aug 8 Last Checked: Jul 23 at 5:52AM

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Investment Insights

Based on property information with market context.

This retail property is offered for sale and is presented with a stated 7.10% cap rate. The offering includes 48,809 SF of retail space.

The property is located at 2470 Veterans Dr in Galesburg, IL 61401. For more details on the specific tenancy and layout, interested parties should contact the listing broker for the available offering materials.

Key Highlights

• Retail property for sale with a stated 7.10% cap rate
• Building size: 48,809 SF

Property Analytics

Current Use

Kohl's Department Store

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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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered for sale with a stated 7.10% cap rate.

Where is this retail space located?

The property is located at 2470 Veterans Dr Galesburg, IL.

What are key features of this property?

This property features: Retail property for sale with a stated 7.10% cap rate; Building size: 48,809 SF