For Lease
$12.50-$15 /SF/YR

1960 Freedom Pkwy Washington, IL 61571

14,000 SF Strip Center, 2 Suites Available

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
127
This 14,000 square foot, single-story Class B retail strip center, built in 2005, offers two available suites ranging from 1,540 to 4,060 square feet (the larger space is divisible to 2,030 square feet). Located in Washington, Illinois, in Tazewell County (zip code 61571), at 1960 Freedom Parkway, this property benefits from a highly visible location as an outparcel to a Walmart Supercenter. Strong co-tenancy includes Menards, Aldi, Kroger, Dollar Tree, and PNC Bank. The property features excellent access with dedicated, signalized turn lanes in all directions, further enhanced by a recently completed road extension connecting Cummings Lane to Freedom Parkway, increasing traffic flow and visibility. The property is zoned C3 and comprises five suites in total within a single building. Attractive leasing incentives are available, including three months free rent for a three-year lease or five months free rent for a five-year lease signed before December 31, 2024. A tenant improvement allowance is also offered. This presents a compelling opportunity for retailers seeking high-traffic exposure in a thriving commercial area.

Highlights

  • 14,000 SF single-story Class B retail strip center built in 2005.
  • Two available suites: 1,540 - 4,060 SF (larger divisible to 2,030 SF).
  • Located at 1960 Freedom Parkway, Washington, IL 61571 (Tazewell County).
  • Outparcel to Walmart Supercenter with strong co-tenancy (Menards, Aldi, Kroger, Dollar Tree, PNC Bank).
  • Excellent access with signalized turn lanes and recently improved road access.
  • C3 zoning; five total suites.

Property Details for 1960 Freedom Pkwy

Property type
Neighborhood centers, Retail properties
RSF (Rentable sq. ft)
14,000 SF
Class
B
Year Built
2005
Buildings
1
Stories
1

Unit(s) available at that property

Space
1970 Freedom Plaza
Size
4,060 SF
Rate per SF
$12.50
Space
1962 Freedom Plaza
Size
1,540 SF
Rate per SF
$15

Location Insight

City
Washington
County
Tazewell
State
Illinois
Latitude
40.707611878371
Longitude
-89.458255016627
1960 Freedom Pkwy, Washington, Illinois

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FAQs

What type of property is this?
Neighborhood center - 14,000 SF Strip Center, 2 Suites Available
Where is the neighborhood center located?
The property is located at 1960 Freedom Pkwy Washington, IL.
What is the lease rate?
The lease rate is $12.50-$15 /SF/YR.
What are key features of this property?
This property features: 14,000 SF single-story Class B retail strip center built in 2005.; Two available suites: 1,540 - 4,060 SF (larger divisible to 2,030 SF).; Located at 1960 Freedom Parkway, Washington, IL 61571 (Tazewell County).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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Contacts

Will Hayes
Will Hayes
Visit Broker Website

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Freedom Pkwy
Washington, IL 61571

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Washington, IL 61571

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

1960 Freedom Pkwy
  • Will Hayes
    Will Hayes
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