Turnkey Grocer/Retail Suite

Shopping Center for Lease
Catylist Listing ID: 30729005
Property Subtypes: Grocery-Anchored, Mixed Use, Strip Center
Contiguous Space: 16,380 SF
Building Size (RSF): 16,380 SF
Gross Building Area: See Agent
Lease Rate: $7 PSF (Annual)
Base Monthly Rent: $9,555
Lease Types: Other
Ceiling: 14 ft.
Building Name: Southgate Market
Usable Size (USF): 16,380 SF
Last Updated: 9/17/2021

Overview / Comments

Turnkey grocery store, Box retail suite, Hardware or Hobby/Craft store, lots of options with great traffic and fully occupied strip mall with Dunkin Donuts, busy restaurant with events and a busy drive thru, discount store and Chinese buffet. Available for lease at Southgate Market on IL Hwy 26 in Freeport, IL. The space was previously Save-A-Lot. Traffic count over 12,000 vehicles per day. Current co-tenants Dollar Tree, Logan's Bar & Grill, China Buffet and Queen Tobacco plus outlot with Dunkin Donuts. Ceiling heights 14'. Lot is over 3 acres with ample parking. Zoned C-3. Estimated NNN $2.22 per sqft.

Expand All Available Space

Suite: 1801 16,380 SF $7 PSF (Annual) Other
Space Available: 16,380 SF
Lease Rate: $7 PSF (Annual)
$9,555 (Monthly)
Lease Type: Other
Space Subcategory: Strip Center, Grocery-Anchored
Date Available: 5/5/2021
Space Type: Relet

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 19-06-300-113
Zoning: COMMERCIAL
Retail Clientele: General, Family, Recreation
Property Located Between: S West Avenue and Meadows Drive
Property Visibility: Excellent
Largest Nearby Street: IL Rte 26 N
Traffic/Vehicle Count: 12,300
Highway Access: IL Rte 26 N
Site Description: Strip Center with 275 parking spots
Year Built: 1977
Parking Type: Surface
Parking Description: Paved Lot
Total Parking Spaces: 275
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Zoning Description: Commercial Zoning, C-3
Water Service: Municipal
Sewer Type: Municipal
Legal Description: PT LOT 2 SOUTHGATE MARKET SUB

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,381 27,069 31,243
Median Age: 40.94 41.85 42.58
Households: 3,079 11,625 13,309

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