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2511 S State Route 157
Edwardsville, IL 62025
New Pricing | Hotshots Sports Bar and Grill · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,500 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.66 AC
Zoning
C
Frontage
231’ on State Route 157

ABOUT 2511 S STATE ROUTE 157 , EDWARDSVILLE, IL 62025

INVESTMENT SUMMARY The Maling Team of Colliers International is pleased to present the singletenant Hotshots located at 2511 S State Route 157 in Edwardsville, Illinois. Consisting of approximately 6,500 rentable square feet, the subject property was built in 2014 and is situated on a 1.6 acre lot (69,696 square feet). The offering is a NNN lease for twenty (20) years with fixed increases every five (5) years at seven and a half (7.5%) percent. The tenant has two options of 5 years each to extend their lease. Each option period has a fixed increase amount. There is currently eighteen (18) years remaining on the base term. The building is located along the major thoroughfare, S State Route 157 and has great street visibility. The subject is within close proximity to Southern Illinois University and is one of the only sports bars in the region. The property is adjacent to Edison' s entertainment complex which is a combination of bowling, laser tag and arcade games. This draws large crowds to the area and Hotshots is the only adjacent restaurant/bar to the entertainment complex. INVESTMENT HIGHLIGHTS - National Recognized Tenant - Hotshots Sports Bar & Grill - Brand New Construction - Long Term Lease - 18 Years Remaining - Fixed Rental Increases - Located near Southern Illinois University - One of the Only Sports Bars in the Area - New Location of an Established Town Favorite ***Please See Marketing Package for More Information***

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-2-15-28-01-107-002
Land Assessment
$163,970
Improvements Assessment
$344,130
Total Assessment
$508,100
  • Listing ID: 7132986

  • Date on Market: 5/9/2017

  • Last Updated:

  • Address: 2511 S State Route 157, Edwardsville, IL 62025

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