Cvs
$4,860,000
303 South State Street, Jersey Township, IL 62052
For Sale
Retail
Neighborhood Center
Active
Last Updated: 04/24/2025
6.75
Cap Rate
328,145
NOI
Details:
Cap Rate: 6.75%
NOI: $328,145
Building Size: 12,009 sqft
Lot Area: 1.49 sqft
Year Built: 2015
Lease Expire Year: 01/31/2041
Highlights:
- 15.8 YEAR NET LEASE | GUARANTEED BY INVESTMENT GRADE NATIONAL TENANT
- TENANT REIMBURSES NONSTRUCTURAL CAPITAL EXPENDITURES | 2015 CONSTRUCTION
- LIMITED PHARMACY MARKET | 1 OF 3 PHARMACIES IN JERSEYVILLE
- JERSEY COUNTY SEAT | EXPANSIVE CUSTOMER BASE
Description:
Mid-America Real Estate Corporation has been retained on behalf of the owner to sell the 100% fee simple interest in the 12,009 square foot freestanding CVS store located at the lighted corner of South State Street (US-67) and East Carpenter Street in Jerseyville, Illinois. The subject offering features a 15.8-year net lease that is guaranteed by the CVS Health Corporation.
Documents:
| Title | ||
|---|---|---|
| CVS_-_Jerseyville_OM.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
