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30014305

406 N Keller Dr, Effingham, IL 62401

NZ
IL IL 471018607, FL FL BK3525010
Price Avenue | Real Estate Professionals
Listed by Price Avenue | Real Estate Professionals
$1,250,000
100 days on market
Updated 100 days ago

406 N Keller Dr

Details
Property Type Retail
Sub Type Freestanding
Square Footage 600
Cap Rate 4.80%
NOI $60,000
Tenancy Single
Lease Type NNN
Price per SqFt $2,083
Class B
Year Built 2022
Stories 1
Acreage 0.560
Parking Spaces 9 spaces
Parking Per SqFt 15.00
Sale Condition 1031 exchange

Retail | 4.80% CAP | 600 SqFt

Marketing description

Secure a high-performance retail asset featuring The Human Bean, a leader in the specialty coffee industry. This premier investment offers a hands-off NNN lease structure, eliminating all landlord management responsibilities while ensuring a consistent, passive income stream. Strategically located on a high-traffic highway corridor, the property boasts superior visibility and seamless commuter access. This purpose-built drive-thru is a turnkey opportunity, perfectly suited for 1031 exchange investors seeking a stable, long-term asset in a high-growth sector.

Investment highlights

  • Building: FAR:0.02
  • Parking: 9 Spaces (15 Spaces per 1,000 SF Leased)
  • Frontage: 78’ on North Keller Drive

Listing Contacts

NZ
IL IL 471018607, FL FL BK3525010
Price Avenue | Real Estate Professionals
Listed by Price Avenue | Real Estate Professionals

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$60,000.00
$5,000.00/mo

Valuation Metrics

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DSCR
4.8%
Cap Rate
4.8%
ROI

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Additional Information

Name
Nate Zimmer
License
IL 471018607
Brokerage
Price Avenue- Real Estate Professionals
Brokerage Phone
2172467371
Title
Managing Broker
Brokerage Address
901 Charleston Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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