608 S Main St | Hillsboro, IL 62049
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608 S Main St
Hillsboro, IL 62049
CVS, True NNN, NO Landlord Responsibilities · Retail Property For Sale
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
7,865 SF
Building Class
C
Year Built/Renovated
1965/1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.90 AC
Frontage
205’ on Main st
ABOUT 608 S MAIN ST , HILLSBORO, IL 62049
Completely Passive, True NNN CVS Property with Corporate Guaranty. CVS renewed early for 10 years, there are over 13 years remaining on the lease and 5% increases every 5 years starting on January 1, 2022. Guaranteed rent was doubled and percentage rent was taken out. Well under a 2% rent to sales ratio, sales of over $600 psf. Email for a complete OM. Property has been a drug store since 1965, and CVS has been a tenant since 1997.
PROPERTY TAXES
| Parcel Number | 16-11-232-013 | Improvements Assessment | $114,860 |
| Land Assessment | $30,950 | Total Assessment | $145,810 |
PROPERTY TAXES
Parcel Number
16-11-232-013
Land Assessment
$30,950
Improvements Assessment
$114,860
Total Assessment
$145,810
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