845 Route 51 - Retail FOR SALE


Forsyth, IL 62535
$1,499,999 USD
217-433-0839
845 Route 51, Forsyth, IL for Sale
$1,499,999 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

845 Route 51
Forsyth, IL 62535


HIGHLIGHTS

  • High visibility location.
  • Prime dvelpoment area.
  • 7200 sq ft. office building.

OVERVIEW

This 7200 square foot building is situated on a 1.28 acre parcel directly off of US Route 51 in Forsyth Illinois. The property is a dual tenant facility with a local Pharmacy as a current tenant, on a high visibility intersection with a traffic count of over 20,000 vehicles per day. The lot has a drive through for the pharmacy, and a parking lot with 75 spaces. There is a current vacancy of 3,600 square feet that is built out as a turnkey medical office space. The space includes a dual sided lobby area, four restrooms, a receptionist area, break room, office, nurse bullpen area, a lead X-RAY room, and multiple examine rooms. This space is in great condition and is ready to go for a new tenant.

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$208 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1986

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

MUNICIPAL

APN/PARCEL ID

07-07-15-476-040

ASK ABOUT THIS PROPERTY

Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

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Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

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