Property profile

725 South St Freeport, IL 61032

OFF-MARKET
Retail properties & Spaces
28,000 SF
Saved · see the list in your Dashboard

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

Location

725 South St Freeport, IL 61032
Freeport metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 725 South St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message