2708-2713 Corner Ct - Freestanding FOR SALE
Alton, IL 62002 |
$600,000 USD
773-395-1158
2708-2713 Corner Ct
Alton, IL 62002
HIGHLIGHTS
- Diverse Tenant Mix: A Well-Balanced Mix of Medical, Fitness and Service-Oriented Tenants That Cater to a Wide Range of Consumer Needs
- Featuring 1,200 SF of Available Space, This Deal Presents an Immediate Value-Add Opportunity By Filling Vacancy With a Pro-Forma Cap Rate of 13.00%
- The Property is Near Dozens of National Tenants and Nearby Traffic Drivers Including: The Alton Square Mall, Target, PetCo, Ross Dress For Less Etc.
- Offered at an Attractive Price Per Square Foot of $62.50
- Dentist Tenant Has Recently Made Renovations to the Building Showing Long Term Commitment to the Center
- Located Less Than 15 Minutes From St. Louis, Missouri, the 21st Biggest MSA in the Country With Over 2,800,000 People
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,600 SF Humbert Corners Shopping Center Located at 2708-2713 Corner Court in Alton, IL. This Property Has a Diverse Tenant Mix That Caters to a Wide Range of Consumer Needs; Additionally, it Offers a Strong Historical Occupancy Rate. With One Vacancy, This Deal Provides an Immediate Value- Add Opportunity.
In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BoR: Andrew Ackerman - Lic. IL #471021429
FOR SALE DETAILS
PRICE
$600,000 USD
PRICE/SF
$68 USD /SF
CAP RATE
9.2%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Humbert Corners Shopping Center - Alton, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Storefront, Supermarket, Department Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.99 AC
LAND SF
43,124 SF
ZONING
-
APN/PARCEL ID
23-2-08-06-13-301-004
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773-395-1158
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773-395-1158
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