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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

19 Greenlaw Ave Flora, IL 62839

46,000 SF
Property ID
Property summary
AI-generated overview

Southern Gardens Shopping Center, located at 19 Greenlaw Ave, Flora, IL 62839, presents a unique retail investment opportunity. This established center offers a total of 46,000 square feet of retail space, currently divided into multiple suites. The property is ideally suited for a variety of retail businesses, with flexible space options available. Currently, there is space available ranging from a minimum of 2,000 square feet to a maximum contiguous space of 5,000 square feet. This allows for businesses of various sizes to find a suitable location within the center. The center's strategic location in Flora, Illinois, provides excellent visibility and accessibility for customers. The property's multiple-tenant configuration offers a diverse and vibrant shopping environment, creating a strong synergy for all occupants. With a total of 5,000 individual suites, the center boasts a high occupancy rate and a proven track record of success. This is an exceptional chance to secure a prime retail space in a thriving community. The property is classified as retail with an office subtype, offering versatility for businesses needing both retail and office space. Interested parties are encouraged to inquire about available space and lease terms. The property's location offers convenient access for customers and employees alike.

Property profile
Verified
Property type Retail properties & Spaces
Total area 46,000 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
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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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