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994 U.S. 51 11,350 SF Retail Building Forsyth, IL 62535 $2,348,276 ($206.90/SF) 7.25% Cap Rate

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PROPERTY FACTS

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,350 SF
Building Class
C
Year Built
2024
Price
$2,348,276
Price Per SF
$206.90
Cap Rate
7.25%
NOI
$170,250
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.49 AC
Zoning
MUNICIPAL
Frontage
137’ on U.S. 51

AMENITIES

  • Signage
  • Wheelchair Accessible
  • Air Conditioning

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

Five Below is a leading high-growth value retailer offering trend-right, high-quality products loved by tweens, teens and beyond. They believe life is better when customers are free to "let go & have fun" in an amazing experience filled with unlimited possibilities. With most items priced between $1 and $5 and some extreme value items priced beyond $5 in their incredible Five Beyond shop, Five Below makes it easy to say YES! to the newest, coolest stuff across eight awesome Five Below worlds: Style, Room, Sports, Tech, Create, Party, Candy, and New & Now.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

NEARBY MAJOR RETAILERS

Texas Roadhouse
Red Lobster
O'Charley's
Buffalo Wild Wings
Steak ‘n Shake
Mcalister's Deli
Cracker Barrel Old Country Store

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-07-14-351-006
Land Assessment
$438,452
Improvements Assessment
$187,069
Total Assessment
$625,521
  • Listing ID: 36080136

  • Date on Market: 6/2/2025

  • Last Updated:

  • Address: 994 U.S. 51, Forsyth, IL 62535

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