465 US Highway 6 E | Geneseo, IL 61254
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465 US Highway 6 E
Geneseo, IL 61254
Geneseo Shopping Center · Retail Property For Sale
Investment Highlights
- 100% Occupied Goodwill-Anchored 44,102 SF Shopping Center
- 89% of GLA Occupied by Nationally-Branded Tenants
- NAPA Auto Parts (22% of GLA) In-Place Since 2010, Just Exercised a 7-Year Extension thru 12/2029
- Co-Anchored by Dollar Tree (32% of GLA) on NNN Lease into 2031
- $6.52/SF NNN Average Rent / Cheap & Replaceable
- 70% NNN Recovery of TAX/INS/CAM/MGT Expenses
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Freestanding
- General Retail Auto Repair
- General Retail Storefront
Building Size
44,102 SF
Year Built/Renovated
1976/2011
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.23
Lot Size
4.33 AC
Parking
180 Spaces (4.08 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 08-28-201-012 | Improvements Assessment | $287,114 |
Land Assessment | $63,838 | Total Assessment | $350,952 |
PROPERTY TAXES
Parcel Number
08-28-201-012
Land Assessment
$63,838
Improvements Assessment
$287,114
Total Assessment
$350,952
Learn More About Investing in Retail Properties
Listing ID: 28640418
Date on Market: 6/2/2023
Last Updated:
Address: 465 US Highway 6 E, Geneseo, IL 61254
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