Starbucks Strip at Constitution Trail

Investment Highlights

  • Value Add Opportunity
  • 21% Vacant
  • Schnucks Grocery Shadow Anchor
  • Starbucks Anchored
  • Long Term Starbucks Lease
  • NNN Leases
  • Scheduled Rent Increases
  • 64% National Tenants
  • No Near Term Lease Rollover
  • Class “A” Construction
  • Adjacent to Highway I-55 Exit
  • Strong Traffic Counts
  • Hard Corner Location
  • 110,000 People within 10 Miles
  • Adjacent to Illinois State University

Offering Summary

  • Price: $2,500,000
  • Cap Rate: 7.04%
  • GLA: 16,677 Sq. Ft.
  • Price Per Square Foot: $149.91
  • Occupancy: 79%
  • Site Area: 2 Acres

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