Property Listing No Longer Available for Lease

997 Galena Square Drive, Galena, IL

Shopping Center for Lease - $15 SqFt/Year - 3,470 to 4,787 SqFt Available


Property Info

CIMLS#424619
Location
  997 Galena Square Drive
  Galena IL 61036
UpdatedOctober 29th, 2016
TypeShopping Center
Price$15 SqFt/Year
Building3,470 to 4,787 SqFt

Property Description

Galena Square Shopping Center is expanding by 17%. The inline stores, adjacent to Los Aztecas are expanding by 3,470 SF. An Outlot building & drive thru is planned with expansion of 4,787 SF. The existing shopping center is 100% leased with Piggly Wiggly and eight (8) other Tenants. The shopping center is under new ownership. Retail stores are divisible to 1,000 SF. Lease rate is $15.00 per SF Net.

Location Description:

Great visibility and easy access via a stoplight interchange on US Highway 20 and Irvine Street

Highlights:

>> Galena's Largest Shopping Center - 48,515 SF

>> Galena Square Shopping Center in expanding by 17%

>> New stores planned - inline- 3,470 SF

>> New outlot building - 4,787 SF

>> New opportunity for a restaurant and drive thru lane

>> Anchored by Piggly Wiggly, 100% leased

>> Nine tenants, several long term, low turnover rate

>> Low taxes, insurance and CAM expenses

>> Great visibility and easy access via a stoplight interchange on US Highway 20 and Irvine Street

Space Available:

There are 2 spaces available. The minimum space available is 3,470 SF and the maximum contiguous is 4,787 SF.

Inline

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>> 3,470

>> $15/SF/year (NNN Lease)

Outlot

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>> 4,787

>> $15/SF/year (NNN Lease)

* Email for additional floor plans.