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Shopping Center Retail Space
For Lease
$12 SF/Yr CAM $3.85 /USD/SF/YR

995 Galena Square Drive, Galena, IL 61036

Commercial Lease, Galena, IL

Space Size2,000 SF - 4,065 SF
Days on Market418

Property Features for 995 Galena Square Drive

General Information

Property type Commercial Lease
Property subtype Other
Zoning C
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bathroom 2
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 14, 2025 Changed: Sep 12 Last Checked: Oct 5 at 2:06PM
MLS# 152783

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 4,065-square-foot commercial space is available for retail or office use within a shopping center at 995 Galena Square Drive in Galena, Illinois. Ownership can configure the premises as two approximately 2,000-square-foot spaces, providing flexibility for separate occupants or a divided layout. A 5-year minimum lease is required.

The property was built in 1993 and features brick construction, concrete flooring, forced-air heat, and central air conditioning. Two bathrooms serve the space, while public water and public sewer support the property. The premises are next door to Piggy Wiggly and carry C zoning.

Key Highlights

  • 4,065 SF total commercial space
  • Can be divided into two approximately 2,000 SF spaces
  • Retail or office use within a shopping center

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
$1.80 /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 22% 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
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Frequently Asked Questions

What type of property is this?
Retail space - Flexible commercial premises can accommodate retail or office use within an established shopping center setting.
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 $12 SF/Yr.
What are key features of this property?
This property features: 4,065 SF total commercial space; Can be divided into two approximately 2,000 SF spaces; Retail or office use within a shopping center
More about this property
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