3195 Fosterburg rd - Storefront FOR SALE
Alton, IL 62002 |
$1,896,500 USD
720-604-2220
3195 Fosterburg rd
Alton, IL 62002
HIGHLIGHTS
- • Located in St. Louis MSA approximately thirty minutes north of downtown St. Louis
- • Over 65,000 people living within 5 miles
- • Brand-new construction and store just opened
- • 15 year lease with rental increases every five years
- • Nearby retailers within 3+/- miles include Home Depot, Lowe’s, Target, Schnucks, Tractor Supply, Aldi, Regions Bank, McDonald’s, and White Castle
- • No landlord responsibilities
FOR SALE DETAILS
PRICE
$1,896,500 USD
PRICE/SF
$178 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront
ADD'L SUBTYPES
Convenience Store, Storefront Retail/Office, Supermarket
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.83 AC
LAND SF
79,715 SF
ZONING
-
APN/PARCEL ID
23-1-08-04-01-101-005
ASK ABOUT THIS PROPERTY
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720-604-2220
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720-604-2220
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