Eben Johnson - PRO
Listed by Eben Johnson - PRO
$1,975,000
Hwy 41 Premium Office, Medical, Restaurant & Pylon Sign
Details
Property Type Retail, Office
Sub Type Restaurant, Executive Office
Units 3
NOI $165,997
Tenancy Multi
Lease Type NNN
Lease Expiration 12/30/2026
Remaining Term 0.5
Broker Co-Op True
Class A
Year Built 1993
Year Renovated 2012
Buildings 2
Stories 1
Acreage 2.750
Zoning C2
Parking Spaces 133 spaces
Investment Type Owner/User
Ground Lease No
Ceiling Height 9
Sale Condition For sale by owner
High Traffic Class A Office Space and Storage Building
Investment highlights
- 12,769 sq. ft. commercial space, NNN lease
- 2.75 acres
- Hwy 41N and Hwy 41S visibility
- 48,000 traffic count per day*
- Digital pylon sign, visible from Hwy 41N and Hwy 41S
- Currently combined 369 + 373 N. Pioneer Rd., but may be split
- Each address has a separate front reception/entrance
- Located seconds from the Hwy 41/Hwy 23 (Johnson St.) interchange
- 130+ parking spaces
- Two entry points into parking lot from frontage road (N. Pioneer Rd.)
- Third entry point into back parking lot through the Kohl’s parking lot
- Formerly a Cracker Barrel; currently a financial services company and set up with executive office spaces, workstations, and numerous conference rooms
- Could be retrofitted for restaurant, medical services, pharmacy, financial services, and other
- Close to shopping, restaurant, lodging, hospital, and other medical services businesses
Listing Contacts
Eben Johnson - PRO
Listed by Eben Johnson - PRO
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$165,997.00
$13,833.08/mo
Valuation Metrics
0
DSCR
8.4%
Cap Rate
8.4%
ROI
Map
Zoning
C-2 CommercialGeneral CommercialGeneral Business District
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View all 48 uses
View all 48 uses Last updated Jun 24, 2026 For deeper zoning details, reports are available at Zoneomics
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