Retail Space /IL /Jefferson County /Mount Vernon /3917 Broadway St
Retail Space /IL /Jefferson County /Mount Vernon /3917 Broadway St

3917 Broadway St - Department Store FOR SALE


Mount Vernon, IL 62864 | 
$4,235,000 USD
206-826-5787
3917 Broadway St, Mount Vernon, IL for Sale
$4,235,000 USD
Department Store - FOR SALE
1/6
null | 6.85% Cap Rate
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3917 Broadway St
Mount Vernon, IL 62864

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HIGHLIGHTS

  • Recent 10-year lease extension
  • Corporately leased to Hobby Lobby, a $7.9B+ revenue company (2023)
  • Only Hobby Lobby in 50+ miles and strategically positioned
  • Minimal landlord responsibilities with a transferable roof warranty

OVERVIEW

Recent 10-Year Lease Extension Corporately leased to Hobby Lobby, a $7.9B+ revenue company (2023) Only Hobby Lobby in 50+ miles and strategically positioned Minimal landlord responsibilities with a transferable roof warranty

FOR SALE DETAILS

PRICE

$4,235,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

6.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hobby Lobby | Early 10-Year Lease Extension |

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

-

APN/PARCEL ID

06-36-102-021

ASK ABOUT THIS PROPERTY

Clayton BrownMarcus & MillichapMore Info
206-826-5787

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Clayton BrownMarcus & MillichapMore Info
206-826-5787

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

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