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Shopping Center Retail Space
For Lease
$8 SF/Yr CAM $3.85 /USD/SF/YR

995 Galena Square Drive, Galena, IL 61036

Commercial Lease, Galena, IL

Space Size4,065 SF
Days on Market784

Property Features for 995 Galena Square Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 250
Subdivision ILLINOIS
Standard status Active
APN 43-22-200-079-04

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1993
Floors in Building 1
Flooring type Concrete
Building materials Brick
Roof type Asphalt
Listing Agency: Ruhl & Ruhl Realtors
Listed By: Tri State Commercial Group .
Added: Aug 13, 2024 Changed: Sep 12 Last Checked: Oct 5 at 4:06PM
MLS# 150055

Copyright © 2026 East Central Iowa Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail space provides 4,065 square feet within a shopping center and is configured for retail or office use. The property includes two bathrooms, concrete flooring, brick construction, forced-air heat, and central air conditioning. Public water and public sewer serve the building, which was constructed in 1993 and has an asphalt roof.

The suite is positioned next to Piggy Wiggly in Galena, Illinois. Commercial zoning supports the stated retail and office use profile. A minimum five-year lease term is required.

Key Highlights

  • 4,065 SF of retail or office space in a shopping center
  • Next‑door position to Piggy Wiggly in Galena, IL
  • Commercial zoning with retail and office use profile

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Parking Lot & Garage Plumbing Service Nail Salon (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby

Demographics for 61036, IL

7,111
Population
5,187
Households
1.4
Avg Household Size
54
Median Age
46%
College-Educated
97%
High-School Grad
95.8 sq mi
ZIP Area
74
Density / Sq Mi
$80,574
Median Household Income
$51,507
Median Earnings
$758
Median Rent
$258,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Galena, IL

$15.4 /SF/Yr
Avg Asking Price
$8–$21 /SF/Yr
Price Range
1,828 SF
Avg Space Size

This space is priced 48% below the average of $15.4 /SF/Yr.

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Commercially zoned retail space with office capability, central air, and a neighboring Piggy Wiggly location.
Where is this retail space located?
The property is located at 995 Galena Square Drive Galena, IL.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: 4,065 SF of retail or office space in a shopping center; Next‑door position to Piggy Wiggly in Galena, IL; Commercial zoning with retail and office use profile
More about this property
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