Westgate Shopping Center
$4,750,000
101 N. Keller Dr, Effingham, IL 62401
4.2
Cap Rate
29,102 sqft
Building Size
Details:
Highlights:
- Annual Tax: $ 40793.0
- Average Occupancy Rate: 100.0
- Lot Description: Level
- Age: Over 50 Years Old
- Heating Fuel Type: Gas
- Road Type: City / Town Street
- Cooling: Central A/C
- Exterior Description: Concrete Block
- Lot Size: 2-5 Acres
- Sewer: City
- Fencing: Partially Fenced
- Water: City Water
Description:
Pleased to present this great Investment Opportunity in Effingham, Illinois. The Westgate Shopping center is positioned off of North Keller Drive in the heart of Effingham. The shopping centers central location and excellent visibility along North Keller Drive, with traffic counts in excess of 23,000 per day, helps drive a strong, consistent customer base to the shopping centers 5 long term tenants. Besides sitting on 2.44 acres with nearly 372 feet of road frontage along North Keller Drive, there are 116 parking spaces located in the front and side of the building. In the back, there are 3 overhead doors and 1 unloading dock. This is a fantastic opportunity for those looking for an investment in Effingham that serves a large trade area for central Illinois and is well-located at the intersections of Interstates 57 & 70, the main north/south and east/west highways connecting Chicago, St. Louis, Indianapolis, and much of the Midwest.
Location

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