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Retail Space in Freedom Plaza
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1960 Freedom Pkwy, Washington, IL 61571

Retail spaces available in multi-tenant strip center near Walmart.

Space Size1,540 SF
Property Size14,000 SF
Days on Market1940

Property Features for 1960 Freedom Pkwy

General Information

Standard status Active
Size 1,540 SF
Class B
Property subtype Retail
Lease Type NNN

Building Details

Building Size 14,000 SF
Year Built 2005
Tenancy Multiple

Spaces For Lease

at 1960 Freedom Pkwy Contact us

1962 Freedom Plaza

Size
1,540 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1970 Freedom Plaza

Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Joseph & Camper Commercial
Listed By: Will Hayes · License #475122056
Source: Crexi
Added: Apr 29, 2021 Changed: Aug 9 Last Checked: Aug 19 at 8:13AM

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 Joseph & Camper Commercial

Investment Insights

Based on property information with market context.

This multi-tenant retail strip center has available spaces for lease. The 4,060 square foot space can be divided to offer spaces down to 2,030 square feet. It is located in Washington, Illinois, on Freedom Plaza as an outparcel to the Walmart Supercenter. Other surrounding tenants include Menards, Aldi, Kroger, Dollar Tree, and PNC Bank. The property features excellent access with dedicated, signalized turn lanes in all directions. A road extension has been completed to connect to Cummings Lane to Freedom Parkway, offering increased access and traffic counts to the property.

Key Highlights

  • Located as an outparcel to a Walmart Supercenter, offering high visibility and customer traffic.
  • Excellent access with dedicated, signalized turn lanes in all directions.
  • Road extension completed to connect to Cummings Lane, increasing access and traffic counts.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Hair Salon Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Storage Facility 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.

Lease Details

NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

85
Businesses Nearby

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
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail spaces available in multi-tenant strip center near Walmart.
Where is this strip mall located?
The property is located at 1960 Freedom Pkwy Washington, IL.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Located as an outparcel to a Walmart Supercenter, offering **high visibility and customer traffic**.; Excellent access with dedicated, signalized turn lanes in all directions.; Road extension completed to connect to Cummings Lane, increasing access and traffic counts.
(309) 643-0717 Call to check price and availability
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