Jerseyville, IL 62052

CVS

Property Address

303 S State St, Jerseyville, IL 62052, USA

Offering Summary

  • Price: $4,375,900
  • Lot Size: 1.49 Acres
  • Cap Rate: 7.5%
  • Year Built: 2015
  • Building SF: 11,945
  • Status: Available
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  • 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 with Over 22,750 Combined Cars per Day at the Intersection of S State St / 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
  • Less Than 2 Miles from Jersey Community Hospital, and Jersey Community High and Middle Schools
  • Part of the St. Louis, MO MSA, Only 40 Minute Commute to Downtown St. Louis

Broker Information