Listed by Mid-America Real Estate
$500,000
1400 Charleston Avenue
Details
Property Type Retail
Sub Type Storefront
Square Footage 25,000
Occupancy 100%
Lease Type NN
Remaining Term 7
Lease Options 4-5 Year
Year Built 1974
Acreage 1.350
Zoning Commercial
Investment Type Net Lease
Retail | 25,000 SqFt
Marketing description
Mid-America Real Estate Corporation has been retained by the owner to sell the fee simple interest in 1400 Charleston Avenue, a retail building leased to a national tenant, in Mattoon, Illinois. The national investment grade tenant is operating on a seven-year gross lease that will commence at the close of escrow.
Investment highlights
- Investment Grade A+ S&P Rated Tenant
- New Seven-year Sale Leaseback on Ground Floor of Building
- Proximity to I-57 & Amtrak Station
- Oversized 1.35-acre Lot & Ample Parking – 75 Stalls
- Favorable Coles County Taxes
Listing Contacts
Listed by Mid-America Real Estate
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Zoning
C3 CommercialSpecial CommercialService Commercial District
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