1940-1960 Gateway Center Dr | Belvidere, IL 61008
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- LoopNet Team
1940-1960 Gateway Center Dr
Belvidere, IL 61008
Retail Property For Sale
Investment Highlights
- Shadow anchored by Walmart supercenter.
- Attractive financing available.
- Low in-place rents giving an investor future upside.
- Healthy tenant mix including recent lease signed by AT&T.
- OSF (A+ Credit Rating) makes up over 70% of the property and just extended 5 years with 3% annual increases
- 1,522 SF vacant, allowing for potential upside for the investor.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
19,808 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.79 AC
Zoning
PB - Commercial
Parking
139 Spaces (7.02 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 08-06-101-011 | Improvements Assessment | $799,839 |
| Land Assessment | $193,448 | Total Assessment | $993,287 |
PROPERTY TAXES
Parcel Number
08-06-101-011
Land Assessment
$193,448
Improvements Assessment
$799,839
Total Assessment
$993,287
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