Outdated Browser

Some features of this site may not be available with your current browser.
In order to receieve the best experience, please update to a newer browser.

618-277-4400

Single Tenant Investment Property

$635,000

Listing Resources

Listing Description

Single Tenant Investment Property

Long Term (20+ Years) Single Tenant investment property located on the East/West thoroughfare of Lincoln Trail/Hwy 50. 

Recently extended 5-year term, on a NNN Lease, with 5-year renewal.

Close proximity to St. Clair Square Mall, Interstate 64 and Illinois 159. Surrounded by big box commercial retail.

Reduced Sale Price: $635,000
8.5% CAP Rate

Listing Details

Settings
Listing No : 2474
Sale Or Lease : For Sale
Property Type(s) : Investment, Retail, Retail - Freestanding
Building Size (Sqft) : 3,000 Sqft
Lot Size (Acres) : 0.45 Acre(s)
Sale Price : $635,000
CAP Rate : 8.50%
Parcel No : 03-28.0-401-009
Zoning : Planned Business
Zoning By : Fairview Heights
Parking : 25
Parking Surface Type : Concrete/Asphalt
Traffic Count : 14,700
Year Built : 1976
Clearance Min : 9 ft
Clearance Max : 9 ft
Style : Framed
Floors : 1
Acres : 0.45 Acre(s)
Frontage : 118 ft
Depth : 185 ft

Contact Agent

Commercial Real Estate Solutions

Not finding what you’re looking for?

Call Us

618-277-4400

Favorites
Clear All
Email Your Favorites