Fully Occupied Strip
For Sale
$5,900,000
503 Knox Square Drive, Galesburg, IL 61401
Established retail center with a diversified tenant roster and direct proximity to major shopping destinations and regional highways.
Property Size18,120 SF
Days on Market110
Property Features for 503 Knox Square Drive
General Information
Standard status
Active
Size
18,120 SF
Property subtype
Commercial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Building Size
18,120 SF
Year Built
2017
Tenancy
Multi
Listing Agency:
NAI Ruhl Commercial Company
(563) 355-4000
Listed By:
Shawn Langan · License #475162291
(563) 355-4000
Source:
Allinonerealestateco
Added: May 1
Changed: Aug 16
Last Checked: Aug 18 at 12:09AM
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 NAI Ruhl Commercial Company
Investment Insights
Based on property information with market context.
Completed in 2017, this strip center at 503 Knox Square Drive is fully occupied and contains a varied roster of financial, personal-service, communications, insurance, and community-service businesses. Occupants include World Finance, VIP Nails, Armed Forces Career Center, OneMain Financial, Verizon, Great Clips, State Farm, ImpactLife, and Sun Loan, creating a mix of service-oriented retail and office users within the center.
The property is part of the Seminary Square Commercial development in Galesburg and sits near Walmart Supercenter, Aldi, and Menards. Access to I-74, US-34, and the Kansas City-Chicago Expressway places the center within a connected regional retail corridor. The location, completed improvements, and full occupancy provide a clear profile for buyers seeking an operating strip-center asset with multiple established occupants.
The property is part of the Seminary Square Commercial development in Galesburg and sits near Walmart Supercenter, Aldi, and Menards. Access to I-74, US-34, and the Kansas City-Chicago Expressway places the center within a connected regional retail corridor. The location, completed improvements, and full occupancy provide a clear profile for buyers seeking an operating strip-center asset with multiple established occupants.
Key Highlights
- Fully occupied strip center at 503 Knox Square Drive
- Built in 2017 within the Seminary Square Commercial development
- Tenant roster includes Verizon, Great Clips, State Farm, World Finance, and OneMain Financial
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
557
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Established retail center with a diversified tenant roster and direct proximity to major shopping destinations and regional highways.
Where is this strip mall located?
The property is located at 503 Knox Square Drive Galesburg, IL.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: Fully occupied strip center at 503 Knox Square Drive; Built in 2017 within the Seminary Square Commercial development; Tenant roster includes Verizon, Great Clips, State Farm, World Finance, and OneMain Financial
