AT&T / Eyemart Express NNN Property For Sale — Marion, IL
2703 West Deyoung Street, Marion, IL 62959
This prime net lease offering features a newly constructed 8,000 square foot retail building, equally demised between two strong national tenants: AT&T and Eyemart Express. Positioned at a signalized intersection with high traffic counts exceeding 36,000 vehicles per day, the property benefits from excellent visibility and accessibility. Located in a thriving retail hub within Southern Illinois, the asset is surrounded by major national retailers and boasts an affluent demographic with an average household income over $88,000 within a one-mile radius. This offering presents a compelling investment opportunity with built-in rent escalations and options for both tenants, providing long-term穩定 income in a robust market.
- Address: 2703 West Deyoung Street, Marion, IL 62959
- Asking price $3.66M
- 7.00% cap rate
- NOI $256,000
- 0.3 years remaining
- NNN lease
- Year built: 2017
- Building size: 8,000 SF
- Lot size: 0.94 acres
- Lease expiration: Dec 31, 2026
- Rent increases: AT&T: 10% every 5 years; Eyemart Express: Structured increases
- Guarantor: Corporate
Location
This AT&T / Eyemart Express property is at 2703 West Deyoung Street in Marion, Illinois.
Asset type: Retail