1954-1974 Vandalia St - Retail FOR SALE
Collinsville, IL 62234 |
1954-1974 Vandalia St
Collinsville, IL 62234
HIGHLIGHTS
- The Loan is collateralized by a 66,000+ SF multi-tenant retail center anchored by Ruler Foods (Kroger), Dollar General and Rent-A-Car (St. Louis MSA)
- At the existing 86% occupancy rate, the center produced an in-place Net Operating Income (NOI) of approx. $336,267
- Five (5) of the seven (7) tenants are on NNN leases and the other (2) are paying some form of reimbursement
- Dollar General, Rent-A-Center, and Kroeger have leased at the center since 2012, 2013, and 2014, respectively
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Orchards Shopping Center
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
67000
STORIES
1
YEAR BUILT
1961
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
132212212203024
