1500 West Ave Freeport, IL 61032
This exceptional retail opportunity is located at 1500 S West Ave, Freeport, IL 61032, within the Freeport Plaza. The property is classified as a Community Center - Anchor based, offering a unique blend of retail, restaurant, and special purpose uses. Currently, one space totaling 6,478 square feet is available for lease. This space is ideal for a variety of businesses seeking high visibility and convenient access. The property is under new management, offering attractive lease terms, significant tenant improvement allowances, and free rent concessions. This presents a compelling opportunity for businesses seeking a strong foothold in the Freeport market. The property is situated in Stephenson County, Illinois, providing easy access to major transportation routes and a thriving local community. The building's multiple tenancy structure ensures a diverse and vibrant atmosphere. Don't miss this chance to secure a prime retail location with exceptional incentives. Inquire today to learn more about this exciting 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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.