1002-1004 N Keller Dr
Effingham, IL 62401

Marcus & Millichap is pleased to exclusively present for sale this 42,832 square foot retail center located in Effingham, Illinois. This offering is comprised of three tenant suites with one hundred percent of the shopping center’s GLA occupied by national tenants. Goodwill, which occupies 21,500sf or 50% of the center, is on its original ten-year lease that commenced in 2010 and maintains two, ten-year renewal options. Dollar General has been located in the center since 2004 and recently extended their lease early until October 31, 2021. They have one option to extend remaining. Planet Fitness just signed a ten-year lease commencing mid-2018. This is an excellent opportunity to acquire a center occupied by three nationally-recognized tenants at below-market rents in a stable, growing market and maintain a hedge against inflation with full triple-net leases and rental increases throughout the primary and renewal terms. Effingham is surrounded by a mix of local, regional and national retailers including 18 hotels and 66 restaurants within three miles of the subject property. Effingham is located halfway between Indianapolis, Indiana and St. Louis, Missouri. It not only services the surrounding counties but is a highly trafficked market from motorists traveling along I-70, which is the major east/west thoroughfare of the Midwestern United States.