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Cvs

$4,860,000

303 South State Street, Jersey Township, IL 62052

Active
Last Updated: 03/24/2025

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
Tenancy:    Single
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.

Map:
Documents:
Title
CVS_-_Jerseyville_OM.pdf
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