Description
69,338 SF KROGER GROCERY ANCHORED VALUE-ADD CENTER. 85.35% Occupied Retail Center. Add-Value Opportunity & Cap Rate Growth w/ Significant Upside Through Leasing the Remaining Vacant Spaces. National Credit Tenants in Place. Kroger Corporate Guarantee: Operating As Ruler Foods. Outstanding Frontage & High Visibility Site. Multiple Easy Points of Ingress & Egress. Well Maintained Building w/ Recent Renovations in 2020. New Modified Bituminous Roof & Parapet Metal Cap (West Building) - 20 Yr Warranty. 30 New Roof-Top HVAC UNITS. New Stucco Facade (West Building). Re-Surface Entire East Building Roof - 20 Yr Warranty. Repaved Rear Service Drive. Internet Resistant. Located Just West of Eastern Illinois University. Situated on Major Retail Corridor Surrounded By Numerous National & Regional Retailers. Nearby I-57 & Coles County Memorial Airport. Priced Well Below Replacement Cost @ $64.90 Price Per SF!!! Priced to Sell @ 8.62% Cap Rate!!!
Location
Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th March, 2023 11:22 PM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th March, 2023 11:22 PM (UTC)
Attribution contact: 630-455-4495
Listing Office: Adelphia Properties
