CVS

11,945 SF | Retail Building | Jerseyville, IL 62052 | $4,375,900 ($366/SF) | 7.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $4,375,900

Property Type
Retail
Square Feet
11,945 SF
Price / Square Foot
$366

Listing Contacts

Mark Ruble
Mark Ruble
Verified Profile
Christopher Lind
Christopher Lind
Verified Profile
Steven Weinstock
Steven Weinstock
Verified Profile
  • Property Info

Property Overview

Illinois Broker of Record: Steven Weinstock | One Mid America Plaza, Ste. 200 Oakbrook Terrace, IL 60181 | P: (630) 570-2200 | Lic #: 471.011175 | [email protected]
CVS Health Corporation is an American retail pharmacy and health care company. The company sells prescription drugs and a wide assortment of general merchandise.
Jerseyville is a charming city located in Jersey County, Illinois. Situated in the southwestern part of the state, Jerseyville is known for its small-town atmosphere, historic architecture, and scenic countryside. The city is a part of the Metro-East region and the St. Louis Metropolitan Statistical Area, the 21st-largest MSA in the United States.

Property Details

Year Built
2015
Stories
1
Property Subtype
Drug Store
Lot Size (sq. ft)
64,904 SF

Highlights

  • Over 16 Years Remaining on Corporate Guaranteed Lease Term with CVS Health
  • Five Percent Rental Increases in Multiple Renewal Options
  • Situated at High-Visibility Signalized Hard-Corner Location w/ Over 22,750 Combined Cars per Day at the Intersection of US-67 & E Carpenter St
  • Centralized Location in Immediate Proximity to Downtown History Jerseyville
  • Growing Trade Area with Population and Households Projected to Increase Between Two to Three Percent in the Next Five Years
  • Immediate Proximity to Major Retailers: Walgreens, Walmart Supercenter, Dollar Tree, Arby's, Burger King, Taco Bell, McDonald's, and More

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