1085 US-51 | Forsyth, IL 62535
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- LoopNet Team
1085 US-51
Forsyth, IL 62535
Friar Tuck Beverage · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Triple net ground lease presents zero landlord responsibilities
- Friar Tuck has executed its last remaining option in 2022
- Located along US Highway 51 (27,400 VPD)
- Friar Tuck Beverage has operated at this location since 2013 and has exercised multiple renewal options which demonstrates commitment to the site
- Guaranty from MASKORP LTD
- Within proximity to Interstate 72 (13,500 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,586 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.65 AC
Zoning
MUNICIPAL - Commercial
Parking
68 Spaces (4.36 Spaces per 1,000 SF Leased)
Frontage
500’ on US 51
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 07-07-22-227-004 | Improvements Assessment | $286,991 |
| Land Assessment | $132,600 | Total Assessment | $419,591 |
PROPERTY TAXES
Parcel Number
07-07-22-227-004
Land Assessment
$132,600
Improvements Assessment
$286,991
Total Assessment
$419,591
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