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Vacant-User

$1 Auction | Former Pizza Hut – 14K VPD | Signalized Corner | St. Louis MSA

1257 Camp Jackson Rd, Cahokia, IL 62206

Listing Price: $1

Gross SF
2,244
Rentable SF
2,244
Lot Size
0.43 acres
Year Built
1970

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, retail building located at 1257 Camp Jackson Road in Cahokia, IL (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. Built in 1970, the Property is comprised of a one-story, free-standing building totaling ±2,244 square feet. Positioned on ±0.43 acres of land, the Property offers abundant parking with 23 surface spaces and access to the site is provided via two ingress/egress curb cuts located along Camp Jackson Road and Kazilek Drive. The Property was formerly occupied by Pizza Hut on a triple net lease and offers potential investors the ability to acquire a free-standing retail building with significant value add through long lease up at long term market rates. The Property is zoned B-2, Community Business District, and offers favorable flexible zoning allowing for a variety of restaurant/retail and commercial uses via adaptive reuse or repositioning. The Property is located in the City of Cahokia in Clinton County, Illinois within the St. Louis MSA. The Property is located at a signalized intersection within the main retail corridor for the immediate trade area of Cahokia as well as the outlying communities of Dupo, Columbia, and East St. Louis. This former Pizza Hut is positioned adjacent to ALDI and offers easy access and excellent visibility with frontage on Camp Jackson Road, one of the primary traffic carriers for the area with ±14,150 vehicles passing the site daily. The Property is located less than half a mile from the only Walmart within a 20-minute drive time and positioned near complimentary businesses including Walmart, CitiTrends, Walgreens, Dollar General, and a plethora of QSRs and commercial properties. The Property is in a neighborhood with established residential development, retail sites, hospitality assets, and 1-mi from Cahokia High School. The Property offers convenient access to the greater area and is ideally positioned less than 1-mile from US-50/I-255, ±3-min from St. Louis Downtown Airport, ±10-min from Busch Stadium and ±12-min from downtown St. Louis. The Property serves an expanded 10-mile trade area with ±117,595 individuals with an AHHI of ±$58,216.

Investment Highlights

  • Freestanding Former Pizza Hut Restaurant Available at a Significant Discount Below Replacement Cost
  • Signalized Hard Corner with Excellent Visibility and Benefitting from Traffic Counts of ±14,150 VPD
  • Strategic Location in Prime Retail/Restaurant Hub Adjacent to Aldi and Less Than ±0.5-miles from Only Walmart Within ±20-Min Drive Time
  • Steady Traffic and Excellent Visibility along West Broadway with ±5,300 VPD
  • Absolute $1 Auction

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Vacant-User

$1 Auction | Former Pizza Hut – 14K VPD | Signalized Corner | St. Louis MSA

Listing Price: $1

Gross SF
2,244
Rentable SF
2,244
Lot Size
0.43 acres
Year Built
1970

Investment Highlights

  • Freestanding Former Pizza Hut Restaurant Available at a Significant Discount Below Replacement Cost
  • Signalized Hard Corner with Excellent Visibility and Benefitting from Traffic Counts of ±14,150 VPD
  • Strategic Location in Prime Retail/Restaurant Hub Adjacent to Aldi and Less Than ±0.5-miles from Only Walmart Within ±20-Min Drive Time
  • Steady Traffic and Excellent Visibility along West Broadway with ±5,300 VPD
  • Absolute $1 Auction

Investment Overview

Register to Bid and Access Due Diligence Documents on RI Marketplace Marcus & Millichap and RI Marketplace are pleased to present a vacant, free-standing, retail building located at 1257 Camp Jackson Road in Cahokia, IL (the “Property”). The Property is offered significantly below replacement cost and offers an exceptional owner/user or investment opportunity with significant value enhancement potential at a significant discount. Built in 1970, the Property is comprised of a one-story, free-standing building totaling ±2,244 square feet. Positioned on ±0.43 acres of land, the Property offers abundant parking with 23 surface spaces and access to the site is provided via two ingress/egress curb cuts located along Camp Jackson Road and Kazilek Drive. The Property was formerly occupied by Pizza Hut on a triple net lease and offers potential investors the ability to acquire a free-standing retail building with significant value add through long lease up at long term market rates. The Property is zoned B-2, Community Business District, and offers favorable flexible zoning allowing for a variety of restaurant/retail and commercial uses via adaptive reuse or repositioning. The Property is located in the City of Cahokia in Clinton County, Illinois within the St. Louis MSA. The Property is located at a signalized intersection within the main retail corridor for the immediate trade area of Cahokia as well as the outlying communities of Dupo, Columbia, and East St. Louis. This former Pizza Hut is positioned adjacent to ALDI and offers easy access and excellent visibility with frontage on Camp Jackson Road, one of the primary traffic carriers for the area with ±14,150 vehicles passing the site daily. The Property is located less than half a mile from the only Walmart within a 20-minute drive time and positioned near complimentary businesses including Walmart, CitiTrends, Walgreens, Dollar General, and a plethora of QSRs and commercial properties. The Property is in a neighborhood with established residential development, retail sites, hospitality assets, and 1-mi from Cahokia High School. The Property offers convenient access to the greater area and is ideally positioned less than 1-mile from US-50/I-255, ±3-min from St. Louis Downtown Airport, ±10-min from Busch Stadium and ±12-min from downtown St. Louis. The Property serves an expanded 10-mile trade area with ±117,595 individuals with an AHHI of ±$58,216.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

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