1301 N Galena Ave Dixon, IL 61021
For Sale
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This exceptional commercial property, located at 1301 North Galena Avenue in Lee County, presents a unique leasing opportunity. The former fast-food restaurant boasts a generous 3,223 square feet of space, ideally situated on a signalized corner for maximum visibility and accessibility. The property features two convenient drive-up windows, significantly enhancing operational efficiency. A substantial parking area, accommodating 51-100 vehicles, ensures ample space for customers and employees. The building is zoned for commercial use, offering flexibility for a variety of potential tenants. The asking lease rate is $15.00 per square foot annually. This prime location in a high-traffic area makes this property an excellent investment for businesses seeking strong visibility and convenient access. The spacious layout and existing infrastructure provide a solid foundation for a successful venture. With its strategic location and ample parking, this property is poised to attract a significant customer base. The property's versatility allows for a range of commercial uses, making it an attractive option for entrepreneurs and established businesses alike. Currently, one space is available for lease. Don't miss this chance to secure a prime commercial location in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.