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Shopping Strip

Harrisburg Shoppes

710 Rollie Moore Dr, Harrisburg, IL 62946

Listing Price: $3,594,000

Cap Rate
7.50%
Gross SF
26,928
Rentable SF
26,928
Price/Gross SF
$133.47
Lot Size
4.68 acres
Year Built
2013

Investment Overview

Harrisburg Shoppes is a 26,928-square-foot, multi-tenant retail center that is shadow-anchored by a Walmart Supercenter in Harrisburg, Illinois. The building is currently 100 percent occupied, and all leases are triple net. The center is anchored by Dollar Tree and has a complementary mix of primarily national tenants including Maurices, Shoe Dept., Cricket Wireless, GameStop, Great Clips, Peppers Gaming, and 5 Star Nails. The offering includes a 5,000-square-foot in-line pad site for future development adjacent to Maurices providing upside potential. The building was constructed in 2013 and is situated on a 4.68-acre parcel with ample paved parking. Harrisburg Shoppes is located on Rollie Moore Drive just east of US Highway 45/Commercial Street, the city's major trade corridor and the major north to south thoroughfare. Traffic counts on US Highway 45/Commercial Drive exceed 129,300 vehicles per day. The property is shadow-anchored by Walmart Supercenter and near many other national retailers including Taco Bell, Sonic, McDonald's, Burger King, AutoZone, O'Reilly Auto Parts, Dollar General, CVS Pharmacy, Walgreens, Pizza Hut, Tractor Supply Co., Kroger, and more. The Harrisburg Medical Center is located less than two miles from the property. The medical center is a 71-bed non-profit sole community hospital serving six counties licensed by the Illinois Department of Public Health and is a member of the Illinois Hospital and Health Systems Association.

Investment Highlights

  • 26,928-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart
  • 100% Occupied | All Leases are Triple-Net
  • Strong Tenant Base Anchored by Dollar Tree | Complementary Mix of Credit and Local Tenants | 86% of the Gross Leasable Area are National Retailers
  • Includes a 5,000-Square-Foot In-Line Pad for Future Development, Providing Upside Potential
  • Located in the City's Major Retail Trade Corridor Along US Highway 45/Commercial Street | Traffic Counts are Approximately 129,300 Vehicles Per Day

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Financing By

Listing Price: $3,594,000

Cap Rate
7.50%
Gross SF
26,928
Rentable SF
26,928
Price/Gross SF
$133.47
Lot Size
4.68 acres
Year Built
2013

Investment Highlights

  • 26,928-Square-Foot, Multi-Tenant Retail Center | Shadow-Anchored by Walmart
  • 100% Occupied | All Leases are Triple-Net
  • Strong Tenant Base Anchored by Dollar Tree | Complementary Mix of Credit and Local Tenants | 86% of the Gross Leasable Area are National Retailers
  • Includes a 5,000-Square-Foot In-Line Pad for Future Development, Providing Upside Potential
  • Located in the City's Major Retail Trade Corridor Along US Highway 45/Commercial Street | Traffic Counts are Approximately 129,300 Vehicles Per Day

Investment Overview

Harrisburg Shoppes is a 26,928-square-foot, multi-tenant retail center that is shadow-anchored by a Walmart Supercenter in Harrisburg, Illinois. The building is currently 100 percent occupied, and all leases are triple net. The center is anchored by Dollar Tree and has a complementary mix of primarily national tenants including Maurices, Shoe Dept., Cricket Wireless, GameStop, Great Clips, Peppers Gaming, and 5 Star Nails. The offering includes a 5,000-square-foot in-line pad site for future development adjacent to Maurices providing upside potential. The building was constructed in 2013 and is situated on a 4.68-acre parcel with ample paved parking. Harrisburg Shoppes is located on Rollie Moore Drive just east of US Highway 45/Commercial Street, the city's major trade corridor and the major north to south thoroughfare. Traffic counts on US Highway 45/Commercial Drive exceed 129,300 vehicles per day. The property is shadow-anchored by Walmart Supercenter and near many other national retailers including Taco Bell, Sonic, McDonald's, Burger King, AutoZone, O'Reilly Auto Parts, Dollar General, CVS Pharmacy, Walgreens, Pizza Hut, Tractor Supply Co., Kroger, and more. The Harrisburg Medical Center is located less than two miles from the property. The medical center is a 71-bed non-profit sole community hospital serving six counties licensed by the Illinois Department of Public Health and is a member of the Illinois Hospital and Health Systems Association.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

Financing By

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