Slumberland Anchored Retail Complex | Galesburg, IL
1210-1280 N Henderson Street, Galesburg, IL
Market Price
Price
8%
Cap Rate
$479,158
NOI
Overview
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