100% Occupied Retail Strip Center | 18,120 SF
Retail | 18,120 SqFt
Marketing description
Fully leased retail strip center (100% occupied) located at 503 Knox Square Dr., Galesburg, IL. This stabilized, income-producing asset features 18,120 SF of multi-tenant retail space on 1.66 acres with a projected 2026 NOI of $354,020.32. The property was built in 2017 and offers newer construction quality.
The center benefits from a strong, diversified tenant mix including World Finance, VIP Nails, Armed Forces Career Center, OneMain Financial, Verizon, Great Clips, State Farm, ImpactLife, and Sun Loan. This balanced mix of national, regional, and service-oriented tenants is located in the Seminary Square Commercial development.
The property enjoys excellent visibility and access along the primary retail corridor, shadow anchored by Walmart Supercenter, Aldi, and Menards. With immediate access to I-74 / US-34 (Kansas City-Chicago Expressway), the location provides strong traffic drivers and is part of an established retail node. This is an attractive long-term investment in a proven Galesburg retail corridor with consistent cash flow.
Investment highlights
- Fully leased retail strip center (100% occupied)
- Projected 2026 NOI: $354,020.32
- Newer construction – built in 2017
- 18,120 SF multi-tenant retail building on 1.66 acres
- Strong, diversified tenant mix: World Finance, VIP Nails, Armed Forces Career Center, OneMain Financial, Verizon, Great Clips, State Farm, ImpactLife, Sun Loan
- Balanced mix of national, regional, and service-oriented tenants in the Seminary Square Commercial development
- Excellent visibility and access along primary retail corridor
- Shadow anchored by Walmart Supercenter, Aldi, and Menards
- Immediate access to I-74 / US-34 (Kansas City–Chicago Expressway)
- Strong traffic drivers and established retail node
- Stabilized, income-producing asset with consistent cash flow
- Attractive long-term investment in a proven Galesburg retail corridor
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