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Former Restaurant | For Sale/Lease 7 Corvette Dr 4,022 SF Retail Building Litchfield, IL 62056 For Sale
Investment Highlights
- Corner Parcel 1.72 Acres | State Highway 16 (8,200 VPD) | Excellent Visibility | Street Frontage | Large Pylon Sign | C-2 Zoning
- Near Walmart Supercenter | HSHS St. Francis Hospital (25-beds) | Litchfield Plaza (139K SF) | Strong National/Credit Tenant Presence
Executive Summary
SRS Real Estate Partners-Midwest, LLC is pleased to offer the opportunity to lease or purchase the fee simple interest (land and building) in a single-tenant, freestanding former restaurant property located in Litchfield, IL. The property consists of 4,022 SF of GLA on 1.72 acres and is zoned General Commercial: C-2, providing a wide range of retail and mixed-use possibilities. The site presents an excellent lease-up or redevelopment opportunity in a highly desirable retail corridor with direct access to major residential communities, strong national and credit tenants, schools, and key commuter routes.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,022 SF
Building Class
C
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.72 AC
Zoning
C-2 - General Commercial
Parking
121 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-32-353-009 | Improvements Assessment | $291,810 |
| Land Assessment | $416,700 | Total Assessment | $708,510 |
Property Taxes
Parcel Number
10-32-353-009
Land Assessment
$416,700
Improvements Assessment
$291,810
Total Assessment
$708,510
Contacts
-
Winston Guest -
Dan Elliot -
Matthew Mousavi -
Patrick Luther -
SRS National Net Lease
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Former Restaurant | For Sale/Lease | 7 Corvette Dr
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