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Retail Space in Cherry Tree
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Cherry Tree Shopping Center, Washington, IL 61571

Retail suites available for lease in busy shopping center.

Space Size4,835 SF - 12,600 SF
Property Size100,675 SF
Days on Market1657

Property Features for Cherry Tree Shopping Center

General Information

Standard status Active
Size 4,835 SF - 12,600 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 100,675 SF
Tenancy Multiple

Spaces For Lease

at Cherry Tree Shopping Center Contact us

Suite D-1

Size
4,835 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite D-4B

Size
12,600 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Maloof Commercial Real Estate
Listed By: Jason Miller · License #IL 475164113
Source: Crexi
Added: Feb 5, 2022 Changed: Aug 19 Last Checked: Aug 19 at 8:08AM

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 Maloof Commercial Real Estate

Investment Insights

Based on property information with market context.

Two suites are available for lease within a busy shopping center located just off Route 150 on Washington Road (Route 24) in Washington, Illinois. The Cherry Tree Shopping Center is home to RP Home & Harvest, Kroger, a gym, and several restaurants. Nearby businesses include Super 8 by Wyndham, Heartland Bank, IVP Plastics, and Goodwill, along with other various businesses.

Key Highlights

  • Located in a busy shopping center.
  • High‑traffic location off Rt. 150 on Washington Road (Rt. 24).
  • Anchor tenants include Kroger and RP Home & Harvest.

Property Analytics

Current Use

Shopping centers

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

241
Businesses Nearby
Balanced
Demand for This Use

Demographics for 61571, IL

24,766
Population
10,273
Households
2.4
Avg Household Size
40
Median Age
38%
College-Educated
98%
High-School Grad
53.5 sq mi
ZIP Area
463
Density / Sq Mi
$87,852
Median Household Income
$48,329
Median Earnings
$996
Median Rent
$200,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail suites available for lease in busy shopping center.
Where is this shopping center located?
The property is located at Cherry Tree Shopping Center Washington, IL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Located in a busy shopping center.; High‑traffic location off Rt. 150 on Washington Road (Rt. 24).; Anchor tenants include Kroger and RP Home & Harvest.
(309) 693-3000 Call to check price and availability
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