Slumberland Anchored Retail Complex | Galesburg, IL

1210-1280 N Henderson Street, Galesburg, IL

Market Price

Price

8%

Cap Rate

$479,158

NOI

Overview
Cap Rate
8%
NOI
$479,158
Building Size
84,802 sqft
Lot Area
7.05 acres
Occupancy
100%
Units
5
Year Built
1974
Parking Spots
288
Description

Brisky Net Lease & Slumberland Furniture are pleased to offer this multi-tenant fully leased retail complex in Galesburg, IL. This is an opportunity to own a Slumberland-anchored asset with an excellent lineup of co-tenants. It’s located on a major town thoroughfare with great visibility and ample parking.

This property includes one retail center anchored by Slumberland and Dollar General, Big Lots, and Advanced Rehab/Sports Medicine. Other retailers within close proximity include Goodwill, Walgreens, Dunham's, Starbucks, Culver's, AutoZone, and many others. Plus, a sign on the north end of the parking lot provides some bonus rent and an outlot with a tenant is available separately.

Slumberland Furniture was founded in 1967 by Ken Larson. Since its inception, Slumberland has grown to 125+ stores in 13 states. It is comprised of approx. 50 corporate stores and 75 franchised locations.

Broker of Record: Bang Realty-Illinois, Inc | Brian Brockman IL #471020548

Need Description

Highlights
  • Retail Enhancement Project Executed by Slumberland Furniture
  • Great Visibility & High Daily Traffic Counts
  • Large Lot with Ample Parking
  • Home to The Knox College
  • Bonus Rent from Sign
  • Solid Mix of Tenants
Documents

Location
Gallery