2707 E Sangamon Ave - Storefront FOR SALE


Springfield, IL 62702
$1,031,250 USD
214-692-2289
2707 E Sangamon Ave, Springfield, IL for Sale
$1,031,250 USD
Storefront - FOR SALE
1/3
null | 8% Cap Rate

2707 E Sangamon Ave
Springfield, IL 62702


HIGHLIGHTS

  • 2017 retrofit for Dollar Tree
  • Dollar Tree recently extended their lease early to a full 9-year term, proving their commitment to the location and market
  • Corporately guaranteed lease
  • Three, 5-Year renewal options all of which include a $.50/SF rent increase
  • 5-Mile population of 88,476 residents
  • Average household income of $69,505 annually

OVERVIEW

Broker of Record Matthew M. Fitzgerald License No. 478027547 (IL) (866) 889-0550 Matthews Real Estate Investment Services 1600 West End, Ste. 1500 Nashville, TN 37203

FOR SALE DETAILS

PRICE

$1,031,250 USD

PRICE/SF

$94 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

S-2

APN/PARCEL ID

14-13.0-351-039

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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