Shops at Seminary — Sale in Galesburg, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Galesburg, IL 61401
- Year built: 2017
Photos
Investment Figures
- Cap rate
- 8.04%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire a 100 percent fee simple interest in the Shops at Seminary (“The Property”), a 17,170-square-foot Walmart shadow-anchored retail shopping center located in Galesburg, Illinois. Investment Highlights: • Shadow-Anchored by a High-Performing Walmart Supercenter • 100 Percent Leased with Original Tenancy Since Delivery • Embedded Rent Growth Through Contractual Increases and Options
Market Context
This retail in Galesburg, IL is listed for sale. It is offered at an approximate 8.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2017. Compare it against other retail listings for sale in Galesburg, IL — view the full market.
Contact
- Austin Pellegrino · (314) 889-2570 · austin.pellegrino@marcusmillichap.com
- Alex Perez · (314) 889-2525 · alex.perez@marcusmillichap.com
- Chris Garavaglia · (314) 889-2552 · chris.garavaglia@marcusmillichap.com
- Steven Weinstock · (630) 570-2250
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Similar Retail Business for Sale in Galesburg, IL
- Shops At Seminary — Contact for price · Galesburg, IL