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    2711 Prairie Ave Beloit, WI 53511

    For Lease
    $10 SF/Yr

    Beloit, WI Retail & Office Opportunity

    Lot size:
    57,540 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 2711-2761 Prairie Avenue in Beloit, Wisconsin, offers 57,540 square feet of retail and office space within a thriving shopping center. Currently, 23,500 square feet of contiguous space is available, divisible into units as small as 1,350 square feet, making it ideal for a variety of businesses. The property boasts an enclosed walkway connecting all tenant spaces and features a prominent pylon sign at the entrance for excellent visibility. Its strategic location across from Beloit Memorial Hospital and a new Starbucks under construction ensures high foot traffic and visibility. Situated on 10.47 acres and zoned C-3, this property benefits from its position on Prairie Avenue, a major north-south route with a documented 13,100 daily traffic count (WISDOT 2019 data). The Galleria on Prairie is surrounded by national restaurants and residential areas, creating a strong customer base. This prime location offers unparalleled access to a diverse demographic, making it an exceptional investment opportunity for businesses seeking high visibility and convenient access. The property's former Shopko connection provides a strong foundation for future success. The flexible space options cater to a wide range of business needs, from small startups to larger enterprises. This is a rare opportunity to secure a significant presence in a bustling Beloit commercial hub.

    Property Features for 2711 Prairie Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,540 SF
    Total Rate
    47950

    Unit(s) available at that property

    Space
    Available Space
    Size
    23,500 SF
    Rate per SF
    $10

    HighLights

    • 57,540 SF retail/office space in thriving Beloit, WI shopping center.
    • 23,500 SF contiguous space available, divisible to 1,350 SF.
    • High‑profile location across from Beloit Memorial Hospital & new Starbucks, with 13,100 daily traffic count (WISDOT 2019).
    • 10.47‑acre C‑3 zoned lot on Prairie Avenue with pylon signage.
    • Under new ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    TNT Fireworks Fireworks Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beloit
    County
    Rock
    State
    Wisconsin
    Longitude
    -89.009538460646
    Latitude
    42.54505401481

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    FAQs

    What type of property is this?
    Office Property / Space - Beloit, WI Retail & Office Opportunity
    Where is this office property / space located?
    The property is located at 2711 Prairie Ave Beloit, WI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 57,540 SF retail/office space in thriving Beloit, WI shopping center.; 23,500 SF contiguous space available, divisible to 1,350 SF.; High-profile location across from Beloit Memorial Hospital & new Starbucks, with 13,100 daily traffic count (WISDOT 2019).
    Request Owner's contact information
    2711 Prairie Ave Beloit, WI 53511
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    Beloit, WI 53511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2711 Prairie Ave Beloit, WI 53511
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