105 E Highway 50 | O'Fallon, IL 62269
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105 E Highway 50
O'Fallon, IL 62269
Starbucks: O'Fallon, IL · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Starbucks’ 10-year net lease commenced in September and features a 7.5% rent increase in year 6 (2029) and in each of the four 5-year renewal options.
- Population of 40,144 and an average household income of $126,543 within a 3-mile radius.
- Located along East Highway 50 (14,400 VPD), feet from its signalized intersection with South Lincoln Avenue (7,600 VPD).
- 3.7 MSF of retail, 1.3 MSF of office and 2,822 multifamily units within a 3-mile radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,294 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.30 AC
Zoning
C1 - Restaurant
Parking
24 Spaces (10.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 04-32.0-100-028 | Improvements Assessment | $65,649 |
| Land Assessment | $176,601 | Total Assessment | $242,250 |
PROPERTY TAXES
Parcel Number
04-32.0-100-028
Land Assessment
$176,601
Improvements Assessment
$65,649
Total Assessment
$242,250
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