25 E Adams St
$699,900
25 E Adams St, Morton, IL 61550
4,084 sqft
Building Size
0.1564 acres
Lot Area
Details:
Highlights:
- New 5-year lease providing near-term security and reduced rollover risk
- Passive, NNN income stream with minimal management
- Strong yield in a stable and proven market
- Turnkey investment with immediate cash flow
Description:
25 E Adams St. offers investors a compelling opportunity to acquire a fully leased, stabilized asset with a brand-new
5-year lease in place, delivering immediate and secure cash flow in one of Central Illinois’ most desirable communities.
The 4,084 square foot property is leased on a NNN basis at $14.50 PSF, minimizing landlord responsibilities while providing
consistent income. With a newly executed lease extending through March 31, 2031, the asset offers long-term stability
backed by fresh tenancy.
The property generates an annual Net Operating Income (NOI) of $59,218, resulting in an attractive 8.46% capitalization
rate at the asking price of $699,900.
Strategically located in the heart of Morton, the property benefits from strong local fundamentals, steady traffic patterns,
and proximity to established retail and service corridors. Morton’s strong economic profile, high household incomes, and
business-friendly environment continue to support long-term tenant demand and investment performance.
SEC 20 T25N R3W J M CAMPBELLS FIRST ADD LOT 9 IN BLK 1 NE 1/4
Documents:
| Title | ||
|---|---|---|
| 25 Adams OM_4.20.26.pdf |
Location
Gallery
