2532 N Illinois St - Drug Store FOR SALE
Belleville, IL 62226 |
$2,715,054 USD
972-533-2144
2532 N Illinois St
Belleville, IL 62226
HIGHLIGHTS
- Walgreens at this location 22+ years with recent lease extension signed
- ±8 years remaining on NN+ lease with Eight 5-year extension options
- 5-Mile population of 125,700 residents and $93,400 avg household income
- Corporately guaranteed lease from Walgreens
- Located across from Swansea Plaza with Schnucks Market, Dollar Tree, McDonalds
- Essential retailer with consistent operations and rent payments through COVID-19
FOR SALE DETAILS
PRICE
$2,715,054 USD
PRICE/SF
$196 USD /SF
CAP RATE
8.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
82
LAND DETAILS
LAND ACRES
1.82 AC
LAND SF
79,279 SF
ZONING
C-1
APN/PARCEL ID
08-15.0-100-020
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972-533-2144
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972-533-2144
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
