3201 Horizon
Springfield, IL 62703
Ascend Cannabis Dispensary · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease with Annual Rent Increases
  • Limited Downside Due to $2.75M Exit Fee
  • Frontage on Interstate 55 with Excellent Visibility
  • Exceptional Sales Numbers
  • One of the Largest Publicly Traded Cannabis Companies
  • Proximity to Interstate 55 On/Off Ramp

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
6,163 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.89 AC
Zoning
C-1
Parking
116 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
155’ on Route 72

AMENITIES

  • Pylon Sign
  • Restaurant

LINKS

  • Property Website & Offering Memorandum

PROPERTY TAXES

Parcel Numbers 22-12.0-127-058, 22-12.0-127-057 Improvements Assessment $161,384
Land Assessment $235,462 Total Assessment $396,846

MAP

  • Listing ID: 32566243

  • Date on Market: 7/24/2024

  • Last Updated:

  • Address: 3201 Horizon, Springfield, IL 62703

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