Shopping Strip
Monmouth Retail Center
1150 N 6th St, Monmouth, IL 61462
Listing Price: $975,000
Cap Rate
7.62%
Gross SF
6,309
Rentable SF
6,309
Price/Gross SF
$154.54
Lot Size
0.70 acres
Year Built
2008
Investment Overview
Over 10,000 Residents Within Five Miles With An Average Household Income Of $52,772
Monmouth Retail Center
Investment Highlights
- 100% Occupied -Five Units
- New Five-Year Lease With U.S. Cellular
- Verizon Just Extended Through 12/31/2022
- Triple Net Leases -Limited Landlord Responsibilities
- Monmouth College Located One Mile South -Private College (1,000 Students)
- Built In 2008, Building Is In Great Condition (Brick & Block Construction)
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing Broker
Financing By
Listing Price: $975,000
Cap Rate
7.62%
Gross SF
6,309
Rentable SF
6,309
Price/Gross SF
$154.54
Lot Size
0.70 acres
Year Built
2008
Investment Highlights
- 100% Occupied -Five Units
- New Five-Year Lease With U.S. Cellular
- Verizon Just Extended Through 12/31/2022
- Triple Net Leases -Limited Landlord Responsibilities
- Monmouth College Located One Mile South -Private College (1,000 Students)
- Built In 2008, Building Is In Great Condition (Brick & Block Construction)
Investment Overview
Over 10,000 Residents Within Five Miles With An Average Household Income Of $52,772
Exclusively Listed By
Broker of Record
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing Broker
Financing By
