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702 Broadway
Centralia, IL 62801

$1,286,868 USD

General Retail For Sale  •  10,640 SF

Property Details

  • Property Type General Retail
  • Total Building Size 10,640 SF
  • Lot Size 1.27 AC
  • Building Class C
  • Year Built 2015
  • Tenancy Single
  • Zoning 51
0 Transit Score
63 Walk Score

Highlights

The property is located in the heart of Centralia, Illinois along with strong national tenants nearby such as Walmart, Aldi, Ace Hardware, & Big Lots.
Attractive 7.75% return on a stabilized investment grade credit tenant.
Absolute NNN lease structure provides zero management responsibility, providing an investor with long-term passive income.
2016 build-to-suit construction for Dollar General with ± 7 years remaining on an initial 15-year term.

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Centralia Amtrak Station (City of New Orleans - Amtrak, Illini - Amtrak, Saluki - Amtrak) 2 min 12 min 0.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 21
Type: Surface
Included in Rent: Yes
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services
Meghan Carroll 949-200-7903 Matthews Real Estate Investment Services