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Big Tex Trailer - Lebanon, IL (St. Louis MSA) 64 Bel Vista Trail

6,000 SF Retail Building Lebanon, IL 62254 $1,025,000 ($171/SF) 7.61% Cap Rate

Investment Highlights

  • Big Tex Trailers is America’s #1 Professional Grade Trailer Manufacturer With Over 400 Trailer Dealers Spanning
  • The Excess Yard Space at This Location Allows For Significant Industrial Outdoor Storage (IOS)
  • This Site is Located Near Other Notable Direct-to-Contractor Businesses Such as Sunbelt Rentals, SRS Distributions
  • This Asset Boasts a Very Replaceable Rent For a Warehouse With Outdoor Storage and Has Lower Rent
  • This Site is Located on Highway 50 Just One Exit Off of I-64, Which Runs Directly Into St. Louis

Executive Summary

Sands Investment Group is Pleased to Exclusively Offer For Sale the 6,000 SF Big Tex Trailer Located at 64 Bel Vista Trail in Lebanon, IL. This Asset Boasts an Ideal Replaceable Rent For a Warehouse With Outdoor Storage and Has Lower Rent Costs Compared to Similar Sites in the Market, Providing For a Secured Investment.

In Cooperation With Sands Investment Group Illinois, LLC - Lic. #481013714 BOR: Andrew Ackerman Lic. IL #471021429

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,000 SF
Year Built
2000
Price
$1,025,000
Price Per SF
$171
Cap Rate
7.61%
NOI
$78,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Land Acres
5.26 AC

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Big Tex Trailers
  • Construction
  • 6,000 SF
  • $13.00
  • Double Net
  • May 2027
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Big Tex Trailers Construction 6,000 SF $13.00 Double Net May 2027
  • Listing ID: 33050223

  • Date on Market: 9/4/2024

  • Last Updated:

  • Address: 64 Bel Vista Trail, Lebanon, IL 62254

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