Riverside Plaza is a 62,538 sf stabilized shopping center prominently located in the heart of downtown Belvidere, IL.
The property sits along the Kishwaukee River at State Street and has tremendous visibility. This attractive investment is enhanced by a rent roll made up of a majority of credit tenants including Salvation Army (the largest tenant and the center’s anchor), Rent-A-Center, Dollar General and Check ‘N Go. There is an abundance of parking on the site’s 4.32 acres and access to the Shopping Center is easy due to its many points of access. Traffic counts for this location are high – over 20,000 cars pass this heavily traveled corridor on a daily basis. Average household income for Belvidere is over $75,000 and the area has comparatively low crime rates and a growing population.