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3917 Broadway St
Mount Vernon, IL 62864

$4,295,000 USD

Department Store For Sale  •  52,729 SF

Property Details

  • Property Type Department Store
  • Total Building Size 52,729 SF
  • Lot Size 1.24 AC
  • Building Class B
  • Year Built 1974
  • Cap Rate 6.75 %
  • Tenancy Single
0 Transit Score
55 Walk Score

Highlights

New 10-Year Extensions and Strong Historical Occupancy
Scheduled Rent Increases / Significantly Below Market Rent
Strong Corporate Guarantee / National Tenant
Only Hobby Lobby in 50+ Miles
Transferable Roof Warranty / Minimal Landlord Responsibilities
AAA Location in the Dynamic Mount Vernon, IL Trade Area

Property Flyers

Cap Rate: 6.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Hobby Lobby
Clayton Brown 206-826-5787 Marcus & Millichap
Clayton Brown 206-826-5787 Marcus & Millichap