Sale/Leaseback Warehouse NNN Investment

Property Description This concrete tilt-slab panel building was constructed in 1994 on a 13,70 acre lot. The 89,577SF building features 21′ clear ceilings, (8) docks w/levelers, (1) drive-in OHD, 6″ floor, and 7,956SF professional office. Dawson Logistics has occupied the building since 2014 and will sign a new 5-year, NNN, lease before closing. Area Description Subject site is located in the Eastgate Industrial Park off I-74’s Exit 220. Neighboring companies include McLane Distribution, AutoZone, ThyssenKrupp, Read More

Contractor Warehouse Investment – 9% Cap Rate

Property Description Steel Frame building with brick face and metal skin. 14′ clear to eaves, and 8×10 OHD.  Office remodel scheduled for Fall 2021. Tenant just signed 4 year extension, and has been in place for 30+ years. Area Description Danville’s E. Voorhees Industrial District.

Office/Duplex For Sale

Property Description Duplex can be used for multiple office suites or office/apartment combination.  Pylon signage and off-street parking add value to this small building with its flexible floor plan. Area Description Located on Danville’s East side near Danville Area Community College and Veterans Hospital.

100% Leased Retail Center with Long-Term National & Regional Tenants on High-Visibility Thoroughfare For Sale

Property Description 100% leased retail center located in Park South on a high visibility thoroughfare in Springfield, IL.  The site has 30,500 AADT and easy access from both Interstate 55 and Interstate 72.  Walmart, Starbucks, Dunkin’, McDonald’s, Taco Bell, KFC, Walgreens, County Market, Aldi are among several neighboring businesses.  Tenants include DaVita Dialysis, Hertz, Rosati’s Pizza, and Bank of Springfield.  All tenants are on long-term NNN leases.  Cap Rate = 8.75% Directions: Business I-55 becomes Read More

Auto-Wares Investment

Property Description Auto-Wares is a full line, full service, aftermarket supplier. Featuring 12 distribution centers and 185 company-owned auto parts stores, spanning 5 states, this family-owned business is focused on providing the automotive aftermarkets’ parts needs with exceptional customer service. Area Description Free-Standing, brick building, is centrally located in Danville, IL. Danville and its surrounding area has a retail market of over 100,000. Investment Highlights Leased to Auto-Wares thru 11/2024 – w/5 Year Option NNN Read More

9.79 Acre Development Site Adjacent to Menards

Property Description Subject Property is a 9.79-acre retail site adjacent to Menards at Dirksen Pkwy/Marketplace Dr. The site could accommodate one large development, several small developments, or a mixture of both. It is located in the Northeast TIF District., and already has storm water detention and all utilities to the site. There is also monument signage available on Dirksen Pkwy. Subject Property is located in the Dirksen Marketplace Development on the northeast side of Springfield. Read More

Recreational Development Acreage

Property Description 1 acre pond, centered among a mixture of mature trees and tillable ground, on 36.63 acres. Great for campground, RV park, or private getaway. Property Benefits: Interstate Visibility Quiet Setting City Utilities Available Convenient Access Level Ground Area Description Located north of Marshall, IL on I-70 at Exit 147. Traffic Count: Interstate 70 – 24,600 AADT

Greek/Student Housing Investment

Property Description Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale the Omega Delta fraternity house on the University of Illinois at Urbana-Champaign campus (“the Property”). This beautiful chapter house was built in 1935 and has a rich history of housing Greek organizations on campus. Originally built by Theta Upsilon sorority in 1935, it later housed Alpha Chi Sigma for 70 years and was leased to Omega Delta beginning in the Read More

Value-Add Investment Property

Property Description Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this multi-tenant Value-Add Investment Property. Subject property is located just north of Downtown Danville. Danville is the county seat of Vermilion County located in eastern Illinois adjacent to the state line of Indiana. Danville is 35 miles east of Champaign, IL via I-74, 93 miles northwest of Indianapolis, IN via I-74, and 130 miles south of Chicago via Rt. 1. Read More

Professional Office For Sale

Property Description Low maintenance brick office building, divisible into multiple suites, with off-street parking.  User owner or investment potential. Location Description Subject property is located on the corner of North Vermilion St. and East Fairchild St. Nearby businesses include Royal Donut, CVS, and Hardee’s.

Net Leased Investment with Redevelopment Upside

Offering & Tenant Overview Coldwell Banker Commercial Devonshire Realty (CBCDR) is proud to exclusively offer for sale this single-tenant net-leased investment property. The subject property is located on the corner of N. Neil (21,600 AADT) and the north frontage road for I-74 (63,100 AADT). The site (2.25 acres) provides a great opportunity for future redevelopment while providing income in the near term with zero Landlord obligations. The property is surrounded by numerous hotels and retailers Read More

STNL Investment – Monro Muffler, Inc. (NASDAQ: MNRO)

Property Description The subject property is 100% leased to Davis Tire/Car-X (Monro corporate lease), who signed a brand-new 10 year lease in February 2017. The lease has built-in rental increases every 5 years, including during the option periods. Location Description Subject property is ideally located along Eastland Drive in Bloomington, Illinois, and provides excellent visibility and easy accessibility to the site. The building is just east of State Farm’s headquarters, OSF Healthcare and Eastland Mall. Read More

Net Lease Investment – Monro Muffler, Inc. (NASDAQ: MNRO) & Jimmy John’s

Property Description The property is 100% leased to Fast Tire/Car-X (Monro corporate lease) and Jimmy John’s (franchisee), and is 12,675 SF along Route 173 in Antioch, IL. Monro signed a brand-new 10 year lease in February 2017, and Jimmy John’s renewed for 5 years in May 2017, after operating in the site for the past 10 years. Location Description Subject property is ideally located along IL Route 173 in Antioch, Illinois, and provides excellent visibility Read More

Restaurant Building with Tenant in Place

Property Description Subject property was constructed in 1975 as a restaurant and has been occupied since.  The current  tenant (Hunan Garden) has been in the property since the 1980’s and is currently Month to Month.  The tenant is currently paying about $18,500 per year gross. Location Description Subject property is located in the heart of Washington IN located in Daviess County.  Neighboring businesses include Wendy’s, Family Dollar, CVS, O’Reilly Auto Parts, and Subway to name Read More