1609 Market st - Freestanding FOR SALE
Bloomington, IL 61701 |
$2,623,500 USD
858-373-3174
1609 Market st
Bloomington, IL 61701
HIGHLIGHTS
- New 10-Year Corporate Lease with No Early Termination Clause
- 7% Rental Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated BBB+ by S&P), Ranked #125 on Fortune 500
- New High-Quality Construction with a Drive-Thru, Minimal Landlord Responsibilities
- Serving Over 112,000 Residents in Established Central Illinois Trade Area
- One of the Fastest Growing Metro Areas in Illinois with Residential, Commercial, and Industrial Growth
FOR SALE DETAILS
PRICE
$2,623,500 USD
PRICE/SF
$1,158 USD /SF
CAP RATE
6.4%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
21-05-151-010
ASK ABOUT THIS PROPERTY
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858-373-3174
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858-373-3174
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
