U.S. Cellular
For Sale
Contact for pricing
576 Knox Square Dr, Galesburg, IL 61401
Occupied retail location with remaining lease term and two additional renewal options.
Property SizeContact for details
Days on Market143
Property Features for 576 Knox Square Dr
General Information
Standard status
Active
Property subtype
Retail
Additional Details
Cap Rate
6.5%
Building Details
Year Built
2011
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial Devonshire Realty
(309) 696-7391
Listed By:
Bruce Alkire · License #IL
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 2:44AM
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 Coldwell Banker Commercial Devonshire Realty
Investment Insights
Based on property information with market context.
This storefront property is occupied by a U.S. Cellular shop in Galesburg, Illinois. The building was constructed in 2011 and is positioned at 576 Knox Square Dr. The existing lease has 5 years remaining within its initial 10-year term, followed by 2 additional 5-year renewal options. The stated 6.5% cap rate and established lease structure provide key underwriting details for a commercial buyer evaluating the asset.
Key Highlights
- U.S. Cellular retail shop at 576 Knox Square Dr, Galesburg, IL 61401
- Constructed in 2011
- 5 years remain on the initial 10‑year lease term
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
505
Businesses Nearby
Balanced
Demand for This Use
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Occupied retail location with remaining lease term and two additional renewal options.
Where is this storefront property located?
The property is located at 576 Knox Square Dr Galesburg, IL.
What are key features of this property?
This property features: U.S. Cellular retail shop at 576 Knox Square Dr, Galesburg, IL 61401; Constructed in 2011; 5 years remain on the initial 10‑year lease term
