1301 Enterprise Way - Storefront Retail/Office FOR SALE


Marion, IL 62959
$18,500,000 USD
502-640-3622
1301 Enterprise Way, Marion, IL for Sale
$18,500,000 USD
Storefront Retail/Office - FOR SALE
1/1
null | 7.72% Cap Rate

1301 Enterprise Way
Marion, IL 62959


HIGHLIGHTS

  • Multiple properties and parcels. High occupancy rates and consistent tenants.

OVERVIEW

6 retail centers and 3 industrial sites. 30 parcels with a total of 24.36+/- acres. Total of 309,038+/- square feet of leasing space. 7.72% Cap Rate. Sold as a total bulk/package deal and in "as is" condition. All properties managed by a property management company. A few of the tenants are Auto Zone, Dollar General, Little Caesar's and Shoe Sensation.

FOR SALE DETAILS

PRICE

$18,500,000 USD

PRICE/SF

$138 USD /SF

CAP RATE

7.72%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Retail & Industrial Portfolio | 7.7% Cap Rate

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Warehouse, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

464

LAND DETAILS

LAND ACRES

4.89 AC

LAND SF

213,008 SF

ZONING

Commercial

APN/PARCEL ID

06-13-176-002,06-13-176-003,06-13-176-004,06-13-176-005,06-13-176-012

ASK ABOUT THIS PROPERTY

Stephanie GilezanGilezan Global Brokered by eXp CommercialMore Info
502-640-3622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Stephanie GilezanGilezan Global Brokered by eXp CommercialMore Info
502-640-3622

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.