702 Broadway - Retail FOR SALE
Centralia, IL 62801 |
$1,286,868 USD
949-200-7903
702 Broadway
Centralia, IL 62801
HIGHLIGHTS
- The property is located in the heart of Centralia, Illinois along with strong national tenants nearby such as Walmart, Aldi, Ace Hardware, & Big Lots.
- Attractive 7.75% return on a stabilized investment grade credit tenant.
- Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
- 2016 build-to-suit construction for Dollar General with ± 7 years remaining on an initial 15-year term.
FOR SALE DETAILS
PRICE
$1,286,868 USD
PRICE/SF
$121 USD /SF
CAP RATE
7.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
DOLLAR GENERAL
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
21
LAND DETAILS
LAND ACRES
1.27 AC
LAND SF
55,329 SF
ZONING
51
APN/PARCEL ID
15-14-13-252-009
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949-200-7903
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949-200-7903
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