737 W US Highway 50 | O'Fallon, IL 62269
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737 W US Highway 50
O'Fallon, IL 62269
Denny's · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 10-year lease extension providing for generational cash flow for passive investors
- Strong hedge against inflation with 1.50% annual increases
- Absolute NNN ownership ideal for hands off landlords while still capitalizing on depreciation with ownership of the building
PROPERTY FACTS
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,234 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.03 AC
Zoning
B-1
Parking
64 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
PROPERTY TAXES
| Parcel Number | 04-30.0-323-003 | Improvements Assessment | $214,328 |
| Land Assessment | $102,582 | Total Assessment | $316,910 |
PROPERTY TAXES
Parcel Number
04-30.0-323-003
Land Assessment
$102,582
Improvements Assessment
$214,328
Total Assessment
$316,910
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