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3840 N Martin Luther King Jr Dr - Decatur, IL - Circle K Car Wash

6,886 SF Specialty Building Offered at $3,665,000 at a 6.75% Cap Rate in Decatur, IL 62526

Car Washes Illinois Decatur 3840 N Martin Luther King Jr Dr, Decatur, IL 62526

Investment Highlights

  • 7 Years Remaining | Options To Extend | Scheduled Rental Increases | Circle K Credit
  • Hickory Point Mall | Walmart Supercenter | Dense Retail Corridor
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

Property Facts

Price $3,665,000 Building Class C
Price Per SF $532 Lot Size 0.60 AC
Sale Type Investment Building Size 6,886 SF
Cap Rate 6.75% No. Stories 1
Property Type Specialty Year Built 2008
Property Subtype Car Wash Parking Ratio 2.9/1,000 SF
Price $3,665,000
Price Per SF $532
Sale Type Investment
Cap Rate 6.75%
Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 0.60 AC
Building Size 6,886 SF
No. Stories 1
Year Built 2008
Parking Ratio 2.9/1,000 SF

Links

1 of 1

PROPERTY TAXES

Parcel Number 07-07-26-376-017 Improvements Assessment $126,382
Land Assessment $37,651 Total Assessment $164,033

PROPERTY TAXES

Parcel Number
07-07-26-376-017
Land Assessment
$37,651
Improvements Assessment
$126,382
Total Assessment
$164,033

zoning

Zoning Code B2 (Commercial)
B2 (Commercial)
(480) 221-4221

Contacts

  • Listing ID: 33885147

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 3840 N Martin Luther King Jr Dr, Decatur, IL 62526

More public record information on 3840 N Martin Luther King Jr Dr, Decatur, IL 62526

The Specialty Property at 3840 N Martin Luther King Jr Dr, Decatur, IL 62526 is currently available for sale. Contact SRS National Net Lease for more information.

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3840 N Martin Luther King Jr Dr, Decatur, IL for sale Primary Photo- Image 1 of 5
Decatur IL - Circle K Car Wash (MLK) Flyer
3840 N Martin Luther King Jr Dr, Decatur, IL for sale Building Photo- Image 2 of 5
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3840 N Martin Luther King Jr Dr, Decatur, IL for sale Building Photo- Image 3 of 5
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3840 N Martin Luther King Jr Dr, Decatur, IL for sale Building Photo- Image 4 of 5
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3840 N Martin Luther King Jr Dr - Decatur, IL - Circle K Car Wash
(480) 221-4221 x

3840 N Martin Luther King Jr Dr - Decatur, IL - Circle K Car Wash

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Patrick Luther

(480) 221-4221

(480) 221-4221

Matthew Mousavi

(714) 404-8849

(714) 404-8849

Sean Lutz

(312) 279-5345

(312) 279-5345

Dan Elliot

(312) 279-5342

(312) 279-5342

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