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203 W Front St
Annawan, IL 61234

Urgent Care | Corporate | Annual Bumps · Retail Property For Sale

Investment Highlights

  • Small Town Demographics | Lower Demographic Locations answers to the business model of Urgent Care allowing them to monopolize market
  • Attractive Annual Increases | Lease calls for Annual Increases in rent by 1.5%
  • Brand New Construction Urgent Care | Fee Simple Absolute NNN Lease | Land and Building Ownership | Investor Ability for Taxable Depreciation Asset
  • Corporate Guaranteed | Location is Corporately Guaranteed by the Urgent Care ($40+ Million Net Worth) which will provides a safe investment
  • Brand New Long Term Absolute NNN Lease | 12 Year Initial Term with Two, 5 year Options to Extend.
  • 10+ Year Operating History | Urgent Care is a New Built Relocation Store which demonstrates the Tenant’s 10+ Year commitment to the area

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
3,850 SF
Building Class
B
Year Built
2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.34
Lot Size
0.26 AC
Zoning
B-2
Parking
5 Spaces
Frontage
107 FT on West Front Street

Amenities

  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-03-378-014
Land Assessment
$4,640
Improvements Assessment
$29,114
Total Assessment
$33,754
  • Listing ID: 20902132

  • Date on Market: 9/9/2020

  • Last Updated:

  • Address: 203 W Front St, Annawan, IL 61234

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