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Tractor Supply Co. 17774 Mercantile Dr

21,622 SF Retail Building Nashville, IL 62263 $3,520,000 ($163/SF) 6.25% Cap Rate

Retail Buildings Illinois Nashville 17774 Mercantile Dr, Nashville, IL 62263

Investment Highlights

  • Prime location with great frontage on Rt 127
  • Ample Parking.

Executive Summary

Great investment property with Tractor Supply CO leasing this space for the next 15 years. Completely remodeled with new RTU and a Garden Center addition.

Attachments

Nashville IL Tractor Supply OM

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,622 SF
Building Class
C
Year Built
1997
Price
$3,520,000
Price Per SF
$163
Cap Rate
6.25%
NOI
$220,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.92 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
M-1
Parking
73 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
325 FT on Rt 127

Amenities

  • Signage
  • Storage Space
  • Monument Signage
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17774 Mercantile Dr, Nashville, IL - aerial map view

PROPERTY TAXES

Parcel Number 10-12-13-227-006 Improvements Assessment $181,656
Land Assessment $15,910 Total Assessment $197,566

PROPERTY TAXES

Parcel Number
10-12-13-227-006
Land Assessment
$15,910
Improvements Assessment
$181,656
Total Assessment
$197,566
(636) 359-2537

Contact

  • Listing ID: 29024337

  • Date on Market: 7/17/2023

  • Last Updated:

  • Address: 17774 Mercantile Dr, Nashville, IL 62263

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17774 Mercantile Dr, Nashville, IL for sale Building Photo- Image 1 of 6
Nashville TSC
17774 Mercantile Dr, Nashville, IL for sale Building Photo- Image 2 of 6
TSC w Garden Center
17774 Mercantile Dr, Nashville, IL for sale Building Photo- Image 3 of 6
New RTUs
17774 Mercantile Dr, Nashville, IL for sale Building Photo- Image 4 of 6
Nashville town in background
17774 Mercantile Dr, Nashville, IL for sale Aerial- Image 5 of 6
Aerial

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Tractor Supply Co. | 17774 Mercantile Dr
(636) 359-2537 x

Tractor Supply Co. | 17774 Mercantile Dr

Tony Gagliano

(636) 359-2537

(636) 359-2537

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