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Shopping Strip

Starbucks Anchored Outlot Quincy

3115-3131 Broadway St, Quincy, IL 62301

Listing Price: $4,307,000

Cap Rate
7.15%
Gross SF
8,651
Rentable SF
8,651
Price/Gross SF
$497.86
Lot Size
0.80 acres
Year Built
2007

Investment Overview

This 100% occupied, Starbucks-anchored retail center features national tenants including U.S. Cellular and H&R Block, all operating under net leases with limited landlord responsibilities. Starbucks, which has been at the site since 2007 and has 12 years of remaining term, is the only location within a 50-mile radius and draws over 223,000 annual visitors. Located as an outlot to Quincy Town Center—a high-performing regional mall attracting 3 million annual visitors—the property benefits from strong retail synergy and visibility. It offers exceptional access with five points of ingress/egress, 220 feet of frontage on high-traffic Broadway Street (24,800 VPD), and close proximity to I-172. Surrounded by dense residential and daytime populations, the site benefits from strong community drivers such as top-ranked shopping centers, Quincy University campus and other major national retailers.

Investment Highlights

  • 100% Occupied Starbucks Anchored Retail Center | 6.03-Year WALT
  • Long Operating History | Starbucks has Been Operating at this Location Since 2007 and has 12 Years of Term Remaining | US Cellular and All About Eyes have Been Operating Since 2008
  • Outlot to Quincy Town Center Shopping Mall Which Ranks in the Top 10% of Regional Malls in Illinois by Visits (Placer.ai)
  • Starbucks Features a Drive-Thru | Only Starbucks Location Within a 50-Mile Radius
  • 220ft of Frontage Along Broadway St Which Sees 24,800 Vehicles per Day
  • Situated in a Retail Thoroughfare | Strong Surrounding Drivers

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

Shopping Strip

Starbucks Anchored Outlot Quincy

Listing Price: $4,307,000

Cap Rate
7.15%
Gross SF
8,651
Rentable SF
8,651
Price/Gross SF
$497.86
Lot Size
0.80 acres
Year Built
2007

Investment Highlights

  • 100% Occupied Starbucks Anchored Retail Center | 6.03-Year WALT
  • Long Operating History | Starbucks has Been Operating at this Location Since 2007 and has 12 Years of Term Remaining | US Cellular and All About Eyes have Been Operating Since 2008
  • Outlot to Quincy Town Center Shopping Mall Which Ranks in the Top 10% of Regional Malls in Illinois by Visits (Placer.ai)
  • Starbucks Features a Drive-Thru | Only Starbucks Location Within a 50-Mile Radius
  • 220ft of Frontage Along Broadway St Which Sees 24,800 Vehicles per Day
  • Situated in a Retail Thoroughfare | Strong Surrounding Drivers

Investment Overview

This 100% occupied, Starbucks-anchored retail center features national tenants including U.S. Cellular and H&R Block, all operating under net leases with limited landlord responsibilities. Starbucks, which has been at the site since 2007 and has 12 years of remaining term, is the only location within a 50-mile radius and draws over 223,000 annual visitors. Located as an outlot to Quincy Town Center—a high-performing regional mall attracting 3 million annual visitors—the property benefits from strong retail synergy and visibility. It offers exceptional access with five points of ingress/egress, 220 feet of frontage on high-traffic Broadway Street (24,800 VPD), and close proximity to I-172. Surrounded by dense residential and daytime populations, the site benefits from strong community drivers such as top-ranked shopping centers, Quincy University campus and other major national retailers.

Exclusively Listed By

  • Sean R. Sharko

    Senior Managing Director Investments

    (630) 570-2238

    Email Sean

    License(s): IL: 471.010712

    Chicago Oak Brook

  • Austin Weisenbeck

    Senior Managing Director Investments

    (630) 570-2169

    Email Austin

    License(s): IL: 475.140200

    Chicago Oak Brook

Financing By

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