3319 Nameoki Rd | Granite City, IL 62040
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- LoopNet Team
3319 Nameoki Rd
Granite City, IL 62040
CVS | Zero Cash Flow · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant, Rated BBB by S&P
- Fully-Amortizing Debt
- 23-Years Remaining on Original 25-Year Absolute NNN Lease
- Assumable Non-Recourse Debt with Only a 16.7% Equity Requirement
- 90% Return-to-Equity Through Amortization in the First 5-Years of the Lease
- St. Louis Metro Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,225 SF
Building Class
B
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.79 AC
Zoning
C-5 - Commercial
PROPERTY TAXES
| Parcel Number | 222200814301015 | Improvements Assessment | $264,060 |
| Land Assessment | $179,740 | Total Assessment | $443,800 |
PROPERTY TAXES
Parcel Number
222200814301015
Land Assessment
$179,740
Improvements Assessment
$264,060
Total Assessment
$443,800
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