614 W Van Buren St - Fast Food FOR SALE
Clinton, IL 61727 |
$2,100,000 USD
254-716-4448
614 W Van Buren St
Clinton, IL 61727
HIGHLIGHTS
- Newer construction, completed September 2021, opened for business December 2021
- The building is 684 SF with a full-service drive-thru window
- Site is located along Highway 54 right in the center of Clinton’s retail trade area with excellent visibility and full access
- High margin and profitable business
- 15-year primary term
- 2% annual rent increases
OVERVIEW
Retail Investment Group is pleased to offer for sale this Scooter’s Coffee in Clinton, Illinois.
This opportunity features an absolute NNN lease with 14 years remaining.
Built in 2021, this Scooter’s Coffee has been operating at this location for over 3 years.
This ±684-square-foot building sits on a ±0.25 acre lot.
Strong retail corridor having a +10,950 population within 1 mile radius .
Broker of Record:
Brian Brockman
Bang Realty-Illinois, Inc
Lic: 471020548
513.898.1551
bor@bangrealty.com
FOR SALE DETAILS
PRICE
$2,100,000 USD
PRICE/SF
$3,163 USD /SF
CAP RATE
6.07%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Scooter's Coffee
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2021
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.25 AC
LAND SF
10,890 SF
ZONING
Commercial Limited
APN/PARCEL ID
07-34-185-018
ASK ABOUT THIS PROPERTY
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254-716-4448
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254-716-4448
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