18 Corvette Dr | Litchfield, IL 62056
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18 Corvette Dr
Litchfield, IL 62056
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 5,500sf Two-Tenant Center & Stand-Alone Single Tenant 5,725sf Restaurant |Walmart Supercenter Shadow (2M+ Visitors/Year per Placer.ai)
- Newer Construction | No Deferred Maintenance | Upside in Converting 1 Gross Lease to NNN & Collecting Uncapitalized TI Income (~$10,966/year)
- Located in Litchfield, IL | 50 Miles Northeast of St. Louis | 45 Miles South of Springfield
- 100 Percent Occupied | Minimal Landlord Responsibility
- Average Household Income of $66,443 within Five Miles of Center | Situated off of I-55 which has over 27,000+ VPD | Sits on 1.43 Acres
- Nearby Retail Traffic Drivers Include KFC, Steak ‘N Shake, Ruby Tuesday, Jack in the Box, Burger King and many more
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
4,876 SF
Building Class
C
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.84 AC
Zoning
Commercial
Parking
54 Spaces (0 Spaces per 1,000 SF Leased)
Frontage
114’ on Corvette Drive
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $576,830 | |
| Land Assessment | $49,120 | Total Assessment | $625,950 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$49,120
Improvements Assessment
$576,830
Total Assessment
$625,950
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