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    OFF-MARKET
    Retail properties & Spaces

    725 South St, Freeport, IL 61032

    28,000 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional 28,000-square-foot retail space is available for lease at Southwest Plaza Shopping Center in Freeport, Illinois. Located at 725 W South St, 61032, this property boasts a prime location at the intersection of IL Rte 26 and W South St, experiencing high traffic volume of 12,300 cars daily. The space is currently vacant and previously housed a grocery store, offering significant potential for a variety of retail uses. The center is anchored by CVS and enjoys a strong surrounding tenant mix including Aldi's, US Bank, Starbucks, Dairy Queen, Marshall's, McDonald's, Wendy's, Harbor Freight, gas stations, and numerous restaurants. Ample parking is available for customers and employees. The property is zoned B-3 Commercial-Wholesale (Conforming) and benefits from its location within the West Ave TIF District. The building features no elevators, but ample power is available. Lease rates and terms are negotiable. This is a unique opportunity to establish a thriving business in a high-traffic, well-established retail center. The property offers a significant footprint and excellent visibility, making it an ideal location for a variety of retail concepts. Contact us today to learn more about this exceptional opportunity.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 28,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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