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1803 IL-1 Marshall, IL 62441

$2,769,000

For Sale

Details

  • StatusFor Sale
  • Price$2,769,000
  • Cap Rate6.50%
  • TenantsShellArby's
  • Term Remaining12.5 Years
  • Lease TypeAbsolute NNN
  • Building Size5,509 SF
  • Lot Size1.60 Acres
  • NOI$180,000

Property Description

Secure your investment portfolio with this prime offering in Marshall, IL. Featuring a 5,509 SF building on a 1.60-acre lot, this property is leased to strong national tenants, Shell and Arby’s, under an absolute NNN master lease. With zero landlord responsibilities and a solid personal guaranty, this investment ensures reliable and steady income.

Located at 1803 IL-1, Marshall, IL, the property boasts excellent exposure from Illinois Route 1 (8,600 VPD) and immediate access to Interstate 70 (26,000 VPD), a major east-west transportation corridor. The lease, initiated in 2022, has approximately 12.5 years remaining, with 5% rental increases every 5 years and three 10-year renewal options. This investment is listed at $2,769,000 with a 6.50% cap rate and $180,000 NOI.

Highlights Include:

  • Zero landlord responsibilities with an absolute NNN lease.
  • Anchored by Shell and Arby’s, providing strong tenant stability.
  • High-traffic location near national retailers and I-70.
  • Attractive 5% rental escalations every 5 years.
  • Potential for long-term income growth with renewal options.

For further details or to schedule a property tour, contact us today.

Map

Contact

Portrait of Niall Tighe

Niall Tighe

Net Lease Investment Advisor

DRE 02187137

(424) 333-8400

Portrait of Kaveh Ebrahimi of Helios CRE

Kaveh Ebrahimi

Managing Partner

DRE 1896322

(805) 889-7837

Portrait of Jason Gribin

Jason Gribin

Managing Partner

DRE 1819611

(310) 867-9311

Request more information.