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1304 Thelma Keller Ave
Effingham, IL 62401
Crossroads Center North · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
11,633 SF
Building Class
C
Year Built
2006
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.83 AC

ABOUT 1304 THELMA KELLER AVE , EFFINGHAM, IL 62401

Marcus & Millichap is pleased to exclusively present for your acquisition review Crossroads Center North in Effingham, Illinois. The 11,633+/- square foot building is positioned with excellent exposure off Highway 33 and shadow-anchored by Walmart. This corridor is arguably the densest corridor in Effingham and is full of national retailers like Kohl’s, Menards, Goodwill, Aldi, Buffalo Wild Wings, TGI Friday’s, Arby’s, Mcdonald’s, Wendy’s and several others. This is also a very dense hospitality corridor with the likes of Hampton Inn & Suites, Holiday Inn, La Quinta Inn, Extended Stay, Super 8 and Days Inn. Crossroads Center North has immediate accessibility to both Interstate 57 and Interstate 70, and benefits from the consistent, strong traffic counts generated by the destination-type real estate surrounding it. Crossroads Center North is currently 100 percent occupied, with six suites amassing the 11,633 square feet. Tenants include Great Clips, Kera Tanz, Kera Cutz, American General Financial Services, Cottonwood Financial and AJ’s Cell/Appliance. All of the leases are triple net, leaving minimal responsibility for a future landlord. There is upside in the deal, in converting the short term leases and the month-to-month leases. Crossroads Center North offers an investor the opportunity to acquire a fully stabilized investment with minimal responsibility, but also with the opportunity to capture upside as well.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0311018117
Land Assessment
$211,420
Improvements Assessment
$306,760
Total Assessment
$518,180
  • Listing ID: 13556052

  • Date on Market: 8/21/2018

  • Last Updated:

  • Address: 1304 Thelma Keller Ave, Effingham, IL 62401

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