1803 1 N State Hwy | Marshall, IL 62441
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1803 1 N State Hwy
Marshall, IL 62441
Retail Property For Sale
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities.
- Strategic location near I-70 and IL-1 with high traffic counts.
- Anchored by strong national brands: Shell and Arby’s.
Executive Summary
Exceptional Investment Opportunity in Marshall, IL
Helios Investment Services presents a prime, multi-tenant net-leased property featuring Shell and Arby’s at 1803 IL-1, Marshall, IL. Anchored by strong national brands under an absolute NNN master lease, this property offers stability with no landlord responsibilities and a strong personal guaranty.
Located on a 1.60-acre lot, this 5,509 SF property is strategically positioned with excellent visibility along Illinois Route 1 and close proximity to Interstate 70. With over 26,000 vehicles per day on I-70 and 8,600 VPD along IL-1, the site benefits from robust traffic and accessibility. This investment includes a long-term lease with approximately 12.5 years remaining, 5% rental increases every 5 years, and three 10-year renewal options. Offered at $2,769,000 with a 6.50% cap rate, this property is perfect for a buyer seeking reliable income from trusted tenants.
Helios Investment Services presents a prime, multi-tenant net-leased property featuring Shell and Arby’s at 1803 IL-1, Marshall, IL. Anchored by strong national brands under an absolute NNN master lease, this property offers stability with no landlord responsibilities and a strong personal guaranty.
Located on a 1.60-acre lot, this 5,509 SF property is strategically positioned with excellent visibility along Illinois Route 1 and close proximity to Interstate 70. With over 26,000 vehicles per day on I-70 and 8,600 VPD along IL-1, the site benefits from robust traffic and accessibility. This investment includes a long-term lease with approximately 12.5 years remaining, 5% rental increases every 5 years, and three 10-year renewal options. Offered at $2,769,000 with a 6.50% cap rate, this property is perfect for a buyer seeking reliable income from trusted tenants.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,783 SF
Building Class
B
Year Built/Renovated
2003/2021
Price
$2,769,000
Price Per SF
$479
Cap Rate
6.50%
NOI
$180,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.43 AC
Parking
51 Spaces (8.81 Spaces per 1,000 SF Leased)
Frontage
475 FT on Illinois 1
PROPERTY TAXES
| Parcel Number | 08-08-12-02-201-028 | Improvements Assessment | $208,448 |
| Land Assessment | $55,676 | Total Assessment | $264,124 |
PROPERTY TAXES
Parcel Number
08-08-12-02-201-028
Land Assessment
$55,676
Improvements Assessment
$208,448
Total Assessment
$264,124
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