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15766 Manchester Rd
South Beloit, IL 61080

GPM / Fas Mart · Retail Property For Sale

Investment Highlights

  • Ideal Travel Center Location
  • The Property Contains a Sub-Lease to McDonald’s Which Helps Attract Customers to this Fas Mart Location
  • Located Directly off of the Exit for a Brand New $400M+ Federally Approved Casino Development | Perfectly Positioned in the Market
  • This Property is Strategically Positioned as the Last Travel Center in Illinois While Travelling on Interestate-90.
  • Has 7.0 Years Remaining on the Lease with a 7.5% Rent Increase in 2027
  • Amazon is Developing a Brand New $100M+ Distribution Center Down the Road from the Subject Property

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
9,395 SF
Building Class
B
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
3.86 AC
Zoning
Commercial
Parking
89 Spaces
Frontage
508 FT on Manchester Road

About 15766 Manchester Rd , South Beloit, IL 61080

The subject property is a GPM / Fas Mart travel center located at 15766 Manchester Road in South Beloit, Illinois. This gas station is strategically situated on the Illinois/Wisconsin state line in Winnebago County, Illinois. South Beloit is part of the Rockford, Illinois Metropolitan Statistical Area, but it is essentially a suburban extension of Beloit, WI, which is directly along the city's northern border. Surrounding Retail and Points of Interest Positioned along Interstate-90, this Fas Mart property is an ideal location for a travel center as Interstate-90 connects Rockford and central Illinois to Madison and Milwaukee, Wisconsin. Also, this Road Ranger is the last gas station before entering southern Wisconsin where gas prices are generally higher and locations are more spread out along the interstates. Additionally, patrons are attracted to this Fas Mart location because there is a McDonald’s attached to the convenience store, which provides passengers with an easy and efficient option for food while traveling. Furthermore, traffic counts along this area of Interstate-90 are high at approximately 50,000 vehicles per day while Gardner Road experiences a daily traffic count of nearly 11,000 vehicles. Traffic Counts and Demographics In addition to the strong traffic counts of passengers travelling to and from Wisconsin, this property has access to a population of nearly 70,000 people within five miles and almost 22,400 people within three miles. The population in this area has grown at a health rate of nearly 10 percent over the last 15 years. Just north of the Wisconsin border is Beloit, WI, which is home to a number of differed industries and company headquarters. In 2011, Beloit was a Great American Main Street Award winner and in 2012, Beloit was listed #17 on Travel and Leisure's list of America's Greatest Mainstreets. Additionally, Beloit was one of Travel + Leisure's Top 20 Greatest American Main Streets in 2014 and the 2015 Milken Institute Best-Performing Cities Index ranked the Janesville-Beloit metropolitan area #4 by how well they created and sustained jobs and economic growth.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-03-403-002
Land Assessment
$231,532
Improvements Assessment
$419,952
Total Assessment
$651,484
  • Listing ID: 18883845

  • Date on Market: 3/16/2020

  • Last Updated:

  • Address: 15766 Manchester Rd, South Beloit, IL 61080

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