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701 N Commercial St
Harrisburg, IL 62946
Arrowhead Point Shopping Center · Commerce de détail Propriété À vendre
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Faits saillants de l'investissement
- 44,000 square feet
- 13.21 Acres
- Major Renovation or Redevelopment Opportunity. Existing parking utility, access, anchor, pylon, infrastructure
- Rural King + Showplace Cinemas Shadow Anchored
- 100% Vacant
- $500,000 = $0.87 PSF Land Basis OR $11.36 PSF on Building
Résumé de l'annonce
Manor Real Estate is pleased to present the opportunity to acquire a 100% fee simple interest in a two (2) property portfolio within Harrisburg, Illinois (“The Properties”), comprised of Shawnee Square and Arrowhead Point Shopping Centers.
Shawnee Square is a 28,320 square foot Kroger shadow-anchored retail center with 69% occupancy. The shopping center was extensively renovated in 2024 with a new TPO roof and modern new façade. Strategically positioned between two (2) high volume anchors, Kroger and Tractor Supply, Shawnee Square benefits from an excellent tenant mix, strong daily traffic and access to North Commercial Street, Harrisburg’s dominant retail corridor.
Arrowhead Point is a fully-vacant 44,000sf retail center on approximately 13.21 acres. The potential is enormous. Shadow anchored by a top performing Rural King, this site offers tremendous redevelopment potential at a land basis of $0.87 per square foot! With existing access, functional parking field, utility infrastructure and neighboring anchors – the ground up or renovation economics are highly attractive to a developer.
The Properties are being offered solely as a package for $2,300,000 ($31.80 PSF).
Shawnee Square is a 28,320 square foot Kroger shadow-anchored retail center with 69% occupancy. The shopping center was extensively renovated in 2024 with a new TPO roof and modern new façade. Strategically positioned between two (2) high volume anchors, Kroger and Tractor Supply, Shawnee Square benefits from an excellent tenant mix, strong daily traffic and access to North Commercial Street, Harrisburg’s dominant retail corridor.
Arrowhead Point is a fully-vacant 44,000sf retail center on approximately 13.21 acres. The potential is enormous. Shadow anchored by a top performing Rural King, this site offers tremendous redevelopment potential at a land basis of $0.87 per square foot! With existing access, functional parking field, utility infrastructure and neighboring anchors – the ground up or renovation economics are highly attractive to a developer.
The Properties are being offered solely as a package for $2,300,000 ($31.80 PSF).
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Commerce de détail
Sous-type de propriété
Boutique
Taille du bâtiment
167 474 pi²
Classe d’immeuble
C
Année de construction
1991
Prix
684 535 $ CAD
Prix par pi²
4,09 $ CAD
Pourcentage loué
74%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,15
Taille du lot
25,00 AC
Zone de développement économique
Oui
Stationnement
1 063 places (10 places par 1 000 pi² loué)
Impôts fonciers
| Numéro de lot | 06-1-064-24 | Évaluation des bâtiments | 603 130 $ CAD |
| Évaluation du terrain | 82 244 $ CAD | Évaluation totale | 685 374 $ CAD |
Impôts fonciers
Numéro de lot
06-1-064-24
Évaluation du terrain
82 244 $ CAD
Évaluation des bâtiments
603 130 $ CAD
Évaluation totale
685 374 $ CAD
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