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31245676
31245677

1201 E 5th St, Metropolis, IL 62960

SF
KY 268461
Arnold Realty Group
Listed by Arnold Realty Group
$799,000
73 days on market
Updated 35 days ago

1201 E 5th Street, Metropolis IL 62960

Details
Property Type Mixed Use, Office (+1)
Sub Type Shopping Center
Square Footage 6,010
Cap Rate 8.84%
NOI $70,593
Price per SqFt $133
Year Built 1990

High-Visibility Retail Investment Opportunity

Marketing description

Prime retail investment opportunity in the heart of Metropolis. This 6,010 square foot strip center sits on approximately 0.65 acres and is anchored by nationally recognized tenants including Verizon and World Finance, providing strong visibility and consistent traffic.

Strategically positioned directly across from Big John’s Super Store, the only grocery store in Metropolis, this location benefits from steady daily consumer flow. The property also offers excellent accessibility with close proximity to I-24, area hospitals, and major retail corridors.

Ample on-site parking supports tenant and customer convenience, while the current tenant mix offers a solid foundation for both investors and owner-users. Verizon occupies approximately 1,400 square feet, adding to the strength of the tenant lineup.

This is a high-visibility, high-traffic location in one of the most active commercial pockets of the area.

Investment highlights

Verizon Lease: March 31, 2030 ($2,150/month)

Smoke Shop Lease: January 3, 2030 ($1,800/month)

Vacant Unit: Seller will lease back to new owner for $1,800/ month for up to one year.

World Finance Lease: April, 2028 ($2756/month)

Listing Contacts

SF
KY 268461
Arnold Realty Group
Listed by Arnold Realty Group

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$70,593.00
$5,882.75/mo

Valuation Metrics

0
DSCR
8.84%
Cap Rate
8.84%
ROI

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