4333 Broadway St | Mount Vernon, IL 62864
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- LoopNet Team
4333 Broadway St
Mount Vernon, IL 62864
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant recently signed their second lease extension
- Renovated in 2018 with over $500,000 of improvements
- The tenant has operated at this location since 1978 which shows commitment to the site
- Corporate lease
- Triple net ground lease with no landlord responsibilities
- 7.5% rental escalation in the all three 5-year renewal option periods
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,763 SF
Building Class
B
Year Built/Renovated
1978/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.90 AC
PROPERTY TAXES
| Parcel Number | 06-35-227-002 | Improvements Assessment | $133,819 |
| Land Assessment | $171,149 | Total Assessment | $304,968 |
PROPERTY TAXES
Parcel Number
06-35-227-002
Land Assessment
$171,149
Improvements Assessment
$133,819
Total Assessment
$304,968
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