725 South St, Freeport, IL 61032
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.