Shopping Strip
Childers Plaza
3091-3097 Woodlawn Rd, Lincoln, IL 62656
Listing Price: $1,053,000
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Childers Plaza located in Lincoln, Illinois. The subject property is a 100 percent occupied, 5,350-square-foot, four-tenant shopping strip. Childers Plaza is being offered for $1,053,000.
Childers Plaza
Investment Highlights
- 100 Percent Occupied 5,350-Square-Foot, Four-Tenant Shopping Strip in Lincoln, Illinois
- Highway Exit Location Immediately off of I-55 (25,550 Vehicles per Day, 964 Mile Highway Connecting Chicago to New Orleans)
- Low Rents ($16.10 per Square Foot Triple-Net Average) | High-Quality 2008-Built Construction
- 97 Percent Recapture of Tax/Insurance/Common Area Maintenance | All Triple-Net Leases Throughout
- Triple-Net Reimbursement of Management Fee - 8.46 Percent CAP if Self-Managed
- Average Household Income Exceeds National Average Within One-Mile at $93,309
- Diverse Tenant Mix | Casual Dining, Financial Services, Gaming, and Telecommunications
- Nearby Retailers Include Walmart, ALDI, Starbucks, Dunkin', Dollar Tree, McDonalds, Comfort Inn & Suites, Hampton Inn, Dairy Queen, Edward Jones, Goodwill, Arby's, CVS, Walgreens, AT&T, Verizon, T-Mobile, Wendy's, AutoZone, Culver's, and More
Listing Price: $1,053,000
Investment Highlights
- 100 Percent Occupied 5,350-Square-Foot, Four-Tenant Shopping Strip in Lincoln, Illinois
- Highway Exit Location Immediately off of I-55 (25,550 Vehicles per Day, 964 Mile Highway Connecting Chicago to New Orleans)
- Low Rents ($16.10 per Square Foot Triple-Net Average) | High-Quality 2008-Built Construction
- 97 Percent Recapture of Tax/Insurance/Common Area Maintenance | All Triple-Net Leases Throughout
- Triple-Net Reimbursement of Management Fee - 8.46 Percent CAP if Self-Managed
- Average Household Income Exceeds National Average Within One-Mile at $93,309
- Diverse Tenant Mix | Casual Dining, Financial Services, Gaming, and Telecommunications
- Nearby Retailers Include Walmart, ALDI, Starbucks, Dunkin', Dollar Tree, McDonalds, Comfort Inn & Suites, Hampton Inn, Dairy Queen, Edward Jones, Goodwill, Arby's, CVS, Walgreens, AT&T, Verizon, T-Mobile, Wendy's, AutoZone, Culver's, and More
Investment Overview
Marcus & Millichap is pleased to exclusively present for sale, Childers Plaza located in Lincoln, Illinois. The subject property is a 100 percent occupied, 5,350-square-foot, four-tenant shopping strip. Childers Plaza is being offered for $1,053,000.
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