Property summary
The property is a two-center retail portfolio located in Harrisburg, Illinois, comprising Shawnee Square Shopping Center and Arrowhead Point Shopping Center. Shawnee Square is a 28,320-square-foot, Kroger shadow-anchored retail center with approximately 69% occupancy; it underwent extensive renovations in 2024, including a replacement TPO roof and an updated modern façade. The center is positioned between Kroger and Tractor Supply with access to North Commercial Street and a tenant mix arranged to support day-to-day retail activity. Arrowhead Point is a 44,000-square-foot retail center on approximately 13.21 acres and was fully vacant at the time of the listing; it is shadow-anchored by Rural King and includes existing access, a functional parking field, and utility infrastructure, supporting redevelopment or renovation of the existing improvements or ground-up development.
Property profile
VerifiedCap rate & NOI
Current use
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Radio Station Telecommunications Service
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Cinema Theater & Performing Art Venue
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Big Box & Wholesale Store Agricultural Supply
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Music Venue Bar & Pub
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Gun Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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