400-423 S 42nd St | Mount Vernon, IL 62864
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- LoopNet Team
400-423 S 42nd St
Mount Vernon, IL 62864
King City Square · Retail Property For Sale
Investment Highlights
- Anchored by Dominant Kroger Grocer: Kroger - Lack of Grocery Competition
- Recent Leasing Momentum - strong leasing momentum with the recent renewals from VIP Nails, and Asian Buffet, and the new LOI with 101 Tobacco Shop.
- Strategic Location Along Broadway Street Retail Corridor
- Value-Add Opportunity There are two suites totaling 6,415 square feet available for lease-up
- Complimentary Retailers - complimentary tenant mix with retail categories in fashion and beauty, apparel, pet supplies, and food and beverage.
- Regional Access and High Traffic Counts - King City Square is located on Broadway and 42nd Streets with over 27,000 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
94,428 SF
Building Class
B
Year Built
1996
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
13.00 AC
Zoning
B-PL - Planned Business
Parking
596 Spaces (6.31 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 06-35-228-009 | Improvements Assessment | $2,572,270 |
| Land Assessment | $511,070 | Total Assessment | $3,083,340 |
PROPERTY TAXES
Parcel Number
06-35-228-009
Land Assessment
$511,070
Improvements Assessment
$2,572,270
Total Assessment
$3,083,340
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