Shopping Strip
Midtowne Plaza
1510 W Springfield Rd, Taylorville, IL 62568
Listing Price: $1,700,000
Cap Rate
7.71%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$226.67
Lot Size
1.05 acres
Year Built
2016
Investment Overview
100 Percent Occupied Three-Tenant Retail Strip in Taylorville, Illinois.
Investment Highlights
- 100 Percent Occupied Three-Tenant Retail Strip
- Anchored by ATT and Central Illinois Urgent Care
- New 10-Year Lease for Central Illinois Urgent Care with Annual Rent Bumps
- ATT and Central Illinois Urgent Care both have Annual Rent Bumps
- All Triple-Net Leases
- Zero Lease Rollover Until 2029
- Walmart Supercenter Shadow
Listing Price: $1,700,000
Cap Rate
7.71%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$226.67
Lot Size
1.05 acres
Year Built
2016
Investment Highlights
- 100 Percent Occupied Three-Tenant Retail Strip
- Anchored by ATT and Central Illinois Urgent Care
- New 10-Year Lease for Central Illinois Urgent Care with Annual Rent Bumps
- ATT and Central Illinois Urgent Care both have Annual Rent Bumps
- All Triple-Net Leases
- Zero Lease Rollover Until 2029
- Walmart Supercenter Shadow
Investment Overview
100 Percent Occupied Three-Tenant Retail Strip in Taylorville, Illinois.