1144 W McCord St
Centralia, IL 62801
Verizon | 900+ Unit | Outparcel Walmart · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Large Guarantor & Largest Verizon Operator of 900+ Units | Experienced Operator ensures safety and security of the operations of the brand
- 10 Year Roof Warranty | Developer’s Roof Warranty blended with Double Net (NN) Lease allows risk free maintenance for the landlord.
- Attractive Lease Term | Brand New Construction 10 Year Lease blended Three (3) Tenant Renewal Periods of Five (5) Years each
- Outparcel to Walmart | Anchor Tenant Walmart paired with Walmart Gas al-lows for increase traffic / visibility
- Ideal Management Free Real Estate | NN Income ideal for 1031 Exchange Buyers seeking management free income
- Neighboring Tenants: Walmart, Hardees, McDonalds, Aldi, Taco Bell, Sonic, Wendy’s, Big Lots and Dollar Tree and several others.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,000 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.51 AC
Zoning
CM
Parking
24 Spaces (12 Spaces per 1,000 SF Leased)
Frontage
43’ on W McCord
PROPERTY TAXES
| Parcel Number | 15-14-12-351-011 | Improvements Assessment | $80,340 |
| Land Assessment | $31,170 | Total Assessment | $111,510 |
