715 McCambridge Ave - Freestanding FOR SALE
Madison, IL 62060 |
$1,714,285 USD
248-450-3259
715 McCambridge Ave
Madison, IL 62060
HIGHLIGHTS
- Single Tenant Freestanding Family Dollar Located in Madison, IL - Situated on a Hard Corner
- Rare Absolute NNN Lease Structure with 0 Landlord Responsibilities and 10% Rent Increase for Final 5 Years of Base Term
- Essential Retailer - Internet, Pandemic, and Recession Resistant Tenant
- 15 Mile Distance to St Louis Lambert International Airport (24 Minute Drive)
- Projected +2.30% Population Growth Through 2029 within 1 Mile Radius of Site
FOR SALE DETAILS
PRICE
$1,714,285 USD
PRICE/SF
$187 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Family Dollar - Madison, IL
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Storefront, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2017
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.86 AC
LAND SF
81,022 SF
ZONING
CM
APN/PARCEL ID
21-2-19-25-12-206-003
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248-450-3259
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248-450-3259
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