Emerald Valley Cultivation
Industrial | 10.00% CAP | 12,000 SqFt
Marketing description
Matthews™ is pleased to present 1775 S Brookside Street, an absolute NNN-leased industrial asset located in Centralia, Illinois. The property consists of approximately ±12,000 square feet, situated on a ±4.14-acre parcel. A brand-new 10-year lease will be executed by the seller/operator at closing, providing investors with a fully passive income stream and zero landlord responsibilities. The lease includes 2.00% annual rent escalations, delivering predictable cash flow growth and a built-in hedge against inflation.
The tenant has recently completed over $250,000 in capital improvements, enhancing long-term functionality and value. Upgrades include roof repairs, a new sewer line, window replacements, driveway resurfacing, and the installation of a perimeter security fence.
Strategically positioned at the convergence of Marion, Clinton, and Jefferson counties, the property enjoys strong regional access, located just nine miles from I-57 and ten miles from I-64. Centralia also benefits from active rail infrastructure and an Amtrak station, enhancing freight and commuter connectivity. The surrounding area features nearly 19,000 residents within a five-mile radius, supporting a stable labor pool and consistent demand.
This offering presents a compelling opportunity to acquire a stabilized, income-producing asset with long-term lease security, tenant-funded improvements, and strong logistical positioning—ideal for investors seeking passive income backed by solid market fundamentals.
Investment highlights
● Absolute NNN Lease – Zero landlord responsibilities, providing a true passive investment structure.
● Attractive Rental Increases – 2.00% annual rent escalations deliver consistent cash flow growth and an effective hedge against inflation.
● Large Lot – Positioned on a ±4.14-acre parcel, offering strong underlying real estate value and future redevelopment potential.
● New Long-Term Lease – Seller/Operator to execute a brand-new 10-year lease upon closing, ensuring immediate stability and tenancy commitment.
● Capital Improvements – Tenant has recently invested over $250,000 in property enhancements, including roof repairs, new sewer line installation, window upgrades, driveway resurfacing, and a new perimeter security fence.
● Proximity to Major Interstates – Located approximately 9 miles from I-57 and 10 miles from I-64, offering strong regional connectivity for logistics and distribution.
● Regional Market Access – Positioned at the convergence of Marion, Clinton, and Jefferson counties, providing reach into multiple micropolitan and metropolitan markets.
● Established Population Base – Nearly 19,000 residents within a 5-mile radius, supporting a stable labor force and consumer demand.
● Multimodal Transport Access – Centralia’s active rail infrastructure and nearby Amtrak station enhance freight and passenger transport options.
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