124 E Highland Dr | Forsyth, IL 62535
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124 E Highland Dr
Forsyth, IL 62535
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10+ years remaining on the current term with 10% rent increases every 5 years, in primary term and options
- The subject property benefits from an extensive list of national retailers surrounding the site including Lowe's, Hobby Lobby, Ross Dress for Less
- The subject property is a top performer according to Placer.ai, ranking in the top 90th percentile nationally based on store visits
- The lease was recently extended by an additional 10 years – showing significant long-term commitment by Aspen Dental
- Situated along Highway 51 (28,000 VPD), just north of the I-72 exit, Aspen Dental is well located within the primary retail corridor
- Aspen Dental is the fastest growth network of independently owned dental practices in the U.S., with over 910 locations in 43 states
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,455 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.43 AC
Zoning
MUNICIPAL
Parking
24 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
149’ on Highland
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $265,373 | |
| Land Assessment | $81,650 | Total Assessment | $347,023 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$81,650
Improvements Assessment
$265,373
Total Assessment
$347,023
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