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Wood River Commons 1126-1144 Vaughn Rd

13,500 SF 100% Leased Retail Building Wood River, IL 62095 $1,375,000 ($102/SF) 8.10% Cap Rate

Investment Highlights

  • High Visibility along Vaughn Road in between McDonalds and Walgreens
  • Plenty of parking
  • Monument Sign and Building Signage

Executive Summary

Investment opportunity with 3 long term tenants.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
13,500 SF
Building Class
A
Year Built
2009
Price
$1,375,000
Price Per SF
$102
Cap Rate
8.10%
NOI
$111,375
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
2.50 AC
Zoning
Commercial - B-3 Highway Business
Parking
103 Spaces (7.63 Spaces per 1,000 SF Leased)
Frontage
143 FT on Vaughn Rd.

Amenities

  • Bus Line
  • Signage
  • Tenant Controlled HVAC
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1130
  • 7,775 SF
  • Retail
  • End Cap
  • Now

RATE AS-IS = $10.00 PSF IF YOU TAKE ALL 7,775 SF AS-IS. Monument and Building Signage available, Property is adjacent to McDonalds and Walgreens. Call broker for details and rate. Space will be available September 2024. Tenant just signed a 1 year lease and plans to vacate next year.

Space Size Space Use Position Available
1130 7,775 SF Retail End Cap Now

1130

Size
7,775 SF
Space Use
Retail
Position
End Cap
Available
Now

1130

Size 7,775 SF
Space Use Retail
Position End Cap
Available Now

RATE AS-IS = $10.00 PSF IF YOU TAKE ALL 7,775 SF AS-IS. Monument and Building Signage available, Property is adjacent to McDonalds and Walgreens. Call broker for details and rate. Space will be available September 2024. Tenant just signed a 1 year lease and plans to vacate next year.

Nearby Major Retailers

Busey Bank
ALDI
Regions Bank
Schnucks
First Mid Bank
Woodforest National Bank
Steak ‘n Shake

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-2-08-22-20-401-024
Land Assessment
$23,010
Improvements Assessment
$436,340
Total Assessment
$459,350
  • Listing ID: 29899369

  • Date on Market: 10/27/2023

  • Last Updated:

  • Address: 1126-1144 Vaughn Rd, Wood River, IL 62095

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