Property Description

Excellent Investment Opportunity! The Galena Shopping Center is fully leased with ten (10) tenants, anchored by The Piggly Wiggly grocery store who has a corporate lease on 32,338 SqFt of the shopping center’s 48,428 SqFt. Potential for outlot development. This property is being offered at a 5.67% CAP Rate. Great visibility and located at a full stop light on Highway 20. The parking lot was re-paved in 2022. Additional Financial Information will be made available to prospective buyers signing a Confidentiality Agreement.

Features
: Gas forced air
: Central
: Slab
: 283
Location
US
IL
Jo Daviess County
GALENA
61036
Galena
997
W91° 33' 27.1''
N42° 25' 27.1''
997 Galena Square
Additional Information
ACTIVE and AVAILABLE
$96,595
City
City
Natural Gas
Concrete
ANGLESE
RUHL & RUHL REALTORS
: Brick
14702
$0
$0
Galena
01/01/1970
05/22/2023 15:19:45

997 Galena GALENA, Illinois 61036

Commercial For Sale
48,428 Sqft
$5,500,000

Reference ID: 202300578

Basic Details
Property Type : Commercial
Price : $5,500,000
Square Footage : 48,428 Sqft
Acres : 6.36
Agent info

This listing is courtesy of

RYAN ANGLESE

RUHL & RUHL REALTORS

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