727 South St Freeport, IL 61032
This exceptional 900-square-foot single-tenant office space is located within the vibrant Southwest Plaza Shopping Center in Freeport, Illinois, at 727 W South St, zip code 61032. The property is part of a thriving retail center anchored by CVS, offering excellent visibility and accessibility. The space is classified as Traditional Office within a larger retail complex. This prime location benefits from exceptionally high traffic volume, averaging 12,300 cars daily, situated at the strategic intersection of IL Route 26 and W South St. The surrounding area boasts a strong mix of established businesses, including Aldi's, US Bank, Starbucks, Dairy Queen, Marshall's, McDonald's, Wendy's, Harbor Freight, various gas stations, and numerous restaurants, ensuring a consistent flow of potential customers and employees. A significant opportunity also exists with a 28,000-square-foot former grocery store space available within the same shopping center. Lease terms and rates are highly negotiable, making this an attractive proposition for businesses seeking a well-located, established space in a bustling retail environment. The property's coordinates are 42.2792498 latitude and -89.6300195 longitude. This is a fantastic opportunity to establish or expand your business in a high-traffic, well-established retail center.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.