Shopping Strip
Midtowne Plaza
602 Woodlawn Rd, Lincoln, IL 62656
Listing Price: $1,380,000
Cap Rate
7.75%
Gross SF
5,800
Rentable SF
5,800
Price/Gross SF
$237.93
Lot Size
0.48 acres
Year Built
2024
Investment Overview
100% occupied two-tenant retail strip in Lincoln, IL.
Investment Highlights
- 100% Occupied Two-Tenant Retail Strip
- OSF Healthcare just Converted to NNN Lease
- All NNN Leases
- Zero Lease Rollover Until 2029
- Rare Annual Rent Bumps in Options
Listing Price: $1,380,000
Cap Rate
7.75%
Gross SF
5,800
Rentable SF
5,800
Price/Gross SF
$237.93
Lot Size
0.48 acres
Year Built
2024
Investment Highlights
- 100% Occupied Two-Tenant Retail Strip
- OSF Healthcare just Converted to NNN Lease
- All NNN Leases
- Zero Lease Rollover Until 2029
- Rare Annual Rent Bumps in Options
Investment Overview
100% occupied two-tenant retail strip in Lincoln, IL.