108 Barnett Ave
Forsyth, IL
Price:
$2150000
Cap Rate:
6.50%
NOI:
$139,750
Building Size:
Approx. 4300 Sq. Ft.
Lot Size:
Approx. 0.74 Acres
Type:
Single-Tenant / Retail
Sub Category:
Retailer
Year Built:
2017
Investment Overview
- 2017 Construction. 4,300+/- SF Building on .74+/- Acre Site
- New 7-Year Corp Lease w/ 10% Rent Bumps Every 5-Years
- Located along US-51 (28K VPD), and Barnett Ave (11K VPD)
- North of I-72 (11K VPD), Across Hickory Point Mall (825K SF)
- Attractions: Scovill Zoo | Rock Springs Nature Center & Trails
- Major Job Sectors: Healthcare, Machinery, Education, Food
- Forsyth is located 45-Miles East of Springfield (State Capital)
- 5-Mile Radius: Est Pop: 42,709 l 3-Miles Avg HH Income: $74,454