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2707 E Sangamon Ave
Springfield, IL 62702
 Dollar Tree · Retail Property For Sale

Storefront Properties Illinois Springfield 2707 E Sangamon Ave, Springfield, IL 62702

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INVESTMENT HIGHLIGHTS

  • 2017 retrofit for Dollar Tree
  • Corporately guaranteed lease
  • 5-Mile population of 88,476 residents
  • Dollar Tree recently extended their lease early to a full 9-year term, proving their commitment to the location and market
  • Three, 5-Year renewal options all of which include a $.50/SF rent increase
  • Average household income of $69,505 annually

EXECUTIVE SUMMARY

Broker of Record
Matthew M. Fitzgerald
License No. 478027547 (IL)
(866) 889-0550
Matthews Real Estate Investment Services
1600 West End,
Ste. 1500 Nashville, TN 37203

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,000 SF
Building Class
C
Year Built
2000
Price
$1,031,250
Price Per SF
$93.75
Cap Rate
8%
NOI
$82,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.24 AC
Zoning
S-2 - Commercial
Frontage
277’ on E Sangamon Ave

LINKS

 

  • Listing ID: 32441557

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 2707 E Sangamon Ave, Springfield, IL 62702

More public record information on 2707 E Sangamon Ave, Springfield, IL 62702

The Retail Property at 2707 E Sangamon Ave, Springfield, IL 62702 is currently available for Sale. Contact Matthews Real Estate Investment Services for more information.

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