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618-277-4400

NNN Investment Opportunity

$715,000

Listing Resources

Listing Description

Investment Opportunity

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

Sale Price: $715,000

Listing Details

Settings
Listing No : 2474
Sale Or Lease : For Sale
Property Type(s) : Investment
Building Size (Sqft) : 3,000 Sqft
Lot Size (Acres) : 0.45 Acre(s)
Sale Price : $715,000
CAP Rate : 7.55%
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

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