RETAIL BTS OR GROUND LEASE OPPORTUNITY

Vacant Land for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30547401
Property Subtypes: Retail, Retail-Pad, Other
Gross Land Area: 0.96 - 3.42 Acres
Sale Price: $3.06 - 7.17 PSF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/19/2020

Overview / Comments

+ Total of 3.42 acres
+ Outlot 1 - 0.96 acres
+ Outlot 2 - 0.96 acre
+ Outlot 3 - 1.50 acres
+ Situated at signalized intersection in close
proximity to major retailers
+ Adjacent to Freeport’s primary retail corridor
+ Zoned: B-3 Commercial and Wholesale Business
+ Located within:
• Freeport West Avenue TIF
• Enterprise Zone
+ Call broker for BTS and ground lease pricing
+ Site Prices:
• Outlots 1 & 2: $300,000 each ($7.17/SF)
• Outlot 3: $200,000 ($3.06/SF)

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 19-06-300-105
Property Located Between: W. South St. and Rosenstiel Dr.
Property Visibility: Excellent
Largest Nearby Street: S. West Ave.
Traffic/Vehicle Count: 15,200
Highway Access: Highway 26
Site Description: Adjacent to Freeport’s primary retail corridor
Zoning Description: Zoned: B-3 Commercial and Wholesale Business

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,516 25,129 31,243
Median Age: 37.27 41.17 42.58
Households: 3,893 10,793 13,309

Contact

Photograph of Listing Agent

Karen Walsh

CBRE, INC. CMCPEX Member
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